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

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.

37 SPRINGHEAD is a very small extended detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £576,430. It was last sold for £393,600 in December 2014, which was around 33% 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	£586,626	33% below HPI
2007 22 NOV	£318,000	£500,879	37% 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 37 SPRINGHEAD be worth now?

37 SPRINGHEAD might now be worth an estimated £576,430.

This is based on house price inflation of 46.5%, between December 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 46.5% inflationary increase is applied to the most recent sale price for 37 SPRINGHEAD of £393,600 on 12th December 2014. For the value to have increased from £393,600 to £576,430 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 37 SPRINGHEAD has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The December 2014 sale price of £393,600 represented a fair market value for the property.
• The size, condition, and specification of 37 SPRINGHEAD has not materially changed since December 2014.

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 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 37 SPRINGHEAD lies on this distribution: 17% of detached houses 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.