32, SPRINGHEAD, TUNBRIDGE WELLS, TN2 3NZ - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 SPRINGHEAD is a small extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £668,796. It was last sold for £425,000 in June 2014, which was around 22% below the average June 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

32 SPRINGHEAD Sold Prices

Land registry data shows two sales for 32 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 32 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
2014 27 JUN	£425,000	£545,944	22% below HPI
1996 27 JUN	£117,500	£141,911	17% below HPI

32 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 32 SPRINGHEAD sales from June 1996 and June 2014 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 32 SPRINGHEAD be worth now?

32 SPRINGHEAD might now be worth an estimated £668,796.

This is based on house price inflation of 57.4%, between June 2014 and February 2025, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.4% inflationary increase is applied to the most recent sale price for 32 SPRINGHEAD of £425,000 on 27th June 2014. For the value to have increased from £425,000 to £668,796 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 32 SPRINGHEAD has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The June 2014 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 32 SPRINGHEAD has not materially changed since June 2014.

How Large is 32 SPRINGHEAD?

32 SPRINGHEAD is 115m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Tunbridge Wells, and where 32 SPRINGHEAD lies on this distribution: 27% of detached houses houses are smaller than 32 SPRINGHEAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

32 SPRINGHEAD: Plot and Title Map

32 SPRINGHEAD sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 32 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 32 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 32 SPRINGHEAD?

32 SPRINGHEAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 32 on SPRINGHEAD.