18, SPRINGFIELD CLOSE, WESTHAM, PEVENSEY, BN24 5JF - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 SPRINGFIELD CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £265,000 in November 2015, which was around 40% below the average November 2015 detached price in the Wealden local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

18 SPRINGFIELD CLOSE Sold Prices

Land registry data shows three sales for 18 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 18 SPRINGFIELD CLOSE 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
2015 5 NOV	£265,000	£440,861	40% below HPI
2012 5 JUL	£250,000	£351,974	29% below HPI
2001 14 SEP	£125,000	£212,365	41% below HPI

18 SPRINGFIELD CLOSE 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 three 18 SPRINGFIELD CLOSE sales between September 2001 and November 2015 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 July 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 18 SPRINGFIELD CLOSE?

18 SPRINGFIELD CLOSE is 75m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Westham, based on EPC data. The below chart shows the distribution of detached houses by size in Westham, and where 18 SPRINGFIELD CLOSE lies on this distribution: 18% of detached houses are smaller than 18 SPRINGFIELD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Westham.

18 SPRINGFIELD CLOSE: Plot and Title Map

18 SPRINGFIELD CLOSE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 18 SPRINGFIELD CLOSE, 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 18 SPRINGFIELD CLOSE). 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 18 SPRINGFIELD CLOSE?

18 SPRINGFIELD CLOSE is located in WESTHAM, in the BN24 postcode district. The below map shows the position of No. 18 on SPRINGFIELD CLOSE.