5, SPRINGHEAD WAY, CROWBOROUGH, TN6 1LR - £407,000

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

5 SPRINGHEAD WAY is a midsized detached house of 119m², built sometime between 1967 and 1975. It was last sold for £407,000 in September 2020, which was around 20% below the average September 2020 detached price in the Wealden local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

5 SPRINGHEAD WAY Sold Prices

Land registry data shows two sales for 5 SPRINGHEAD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. Both of the two 5 SPRINGHEAD WAY 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 30 SEP	£407,000	£511,908	20% below HPI
1995 30 JUN	£88,000	£111,867	21% below HPI

5 SPRINGHEAD WAY 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 two 5 SPRINGHEAD WAY sales from June 1995 and September 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 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 5 SPRINGHEAD WAY?

5 SPRINGHEAD WAY is 119m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Crowborough, based on EPC data. The below chart shows the distribution of detached houses by size in Crowborough, and where 5 SPRINGHEAD WAY lies on this distribution: 41% of detached houses are smaller than 5 SPRINGHEAD WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Crowborough.

5 SPRINGHEAD WAY: Plot and Title Map

5 SPRINGHEAD WAY sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 5 SPRINGHEAD WAY, 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 5 SPRINGHEAD WAY). 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 5 SPRINGHEAD WAY?

5 SPRINGHEAD WAY is located in CROWBOROUGH, in the TN6 postcode district. The below map shows the position of No. 5 on SPRINGHEAD WAY.