37, SPRINGHEAD, TUNBRIDGE WELLS, TN2 3NZ - £393,600

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

37 SPRINGHEAD is a very small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £393,600 in December 2014, which was around 34% below the average December 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

37 SPRINGHEAD Sold Prices

Land registry data shows two sales for 37 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 37 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 12 DEC	£393,600	£600,439	34% below HPI
2007 22 NOV	£318,000	£512,673	38% below HPI

37 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 37 SPRINGHEAD sales from November 2007 and December 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 November 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2014 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 37 SPRINGHEAD?

37 SPRINGHEAD is 101m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 37 SPRINGHEAD lies on this distribution: 17% of detached houses are smaller than 37 SPRINGHEAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

37 SPRINGHEAD: Plot and Title Map

37 SPRINGHEAD sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 37 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 37 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 37 SPRINGHEAD?

37 SPRINGHEAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 37 on SPRINGHEAD.