26A, SPRINGHEAD, TUNBRIDGE WELLS, TN2 3NY - £510,000

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

26A SPRINGHEAD is a midsized extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £510,000 in August 2020, which was around 30% below the average August 2020 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

26A SPRINGHEAD Sold Prices

Land registry data shows two sales for 26A SPRINGHEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two 26A SPRINGHEAD 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
2020 25 AUG	£510,000	£733,603	30% below HPI
1998 30 JUN	£151,000	£197,555	24% below HPI

26A SPRINGHEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The two 26A SPRINGHEAD sales from June 1998 and August 2020 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 June 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 26A SPRINGHEAD?

26A SPRINGHEAD is 134m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where 26A SPRINGHEAD lies on this distribution: 41% of detached houses are smaller than 26A SPRINGHEAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

26A SPRINGHEAD: Plot and Title Map

26A SPRINGHEAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 26A SPRINGHEAD, 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 26A SPRINGHEAD). 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 26A SPRINGHEAD?

26A SPRINGHEAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 26A on SPRINGHEAD.