62A, SPRINGFIELD ROAD, TUNBRIDGE WELLS, TN4 0RB - £385,000

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

62A SPRINGFIELD ROAD is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £385,000 in September 2021, which was around 53% below the average September 2021 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

62A SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 62A SPRINGFIELD ROAD 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 62A SPRINGFIELD ROAD 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
2021 29 SEP	£385,000	£811,637	53% below HPI
2004 3 JUN	£179,950	£410,123	56% below HPI

62A SPRINGFIELD ROAD 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 62A SPRINGFIELD ROAD sales from June 2004 and September 2021 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 2004 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the September 2021 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 62A SPRINGFIELD ROAD?

62A SPRINGFIELD ROAD is 77m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 62A SPRINGFIELD ROAD lies on this distribution: 5% of detached houses are smaller than 62A SPRINGFIELD ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Southborough.

62A SPRINGFIELD ROAD: Plot and Title Map

62A SPRINGFIELD ROAD sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 62A SPRINGFIELD ROAD, 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 62A SPRINGFIELD ROAD). 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 62A SPRINGFIELD ROAD?

62A SPRINGFIELD ROAD is located in TUNBRIDGE WELLS, in the TN4 postcode district. The below map shows the position of No. 62A on SPRINGFIELD ROAD.