16, SPRINGHEAD WAY, CROWBOROUGH, TN6 1LR - £418,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 SPRINGHEAD WAY is a small detached house of 118m², built sometime between 1967 and 1975. It was last sold for £418,000 in November 2021, which was around 25% below the average November 2021 detached price in the Wealden local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

16 SPRINGHEAD WAY Sold Prices

Land registry data shows two sales for 16 SPRINGHEAD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two 16 SPRINGHEAD WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 8 NOV	£418,000	£559,951	25% below HPI
2004 20 MAY	£228,500	£295,147	23% below HPI

16 SPRINGHEAD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The two 16 SPRINGHEAD WAY sales from May 2004 and November 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 SPRINGHEAD WAY?

16 SPRINGHEAD WAY is 118m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where 16 SPRINGHEAD WAY lies on this distribution: 40% of detached houses are smaller than 16 SPRINGHEAD WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

16 SPRINGHEAD WAY: Plot and Title Map

16 SPRINGHEAD WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 16 SPRINGHEAD WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 SPRINGHEAD WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 SPRINGHEAD WAY?

16 SPRINGHEAD WAY is located in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of No. 16 on SPRINGHEAD WAY.