SPRINGMEAD, THE SLIP, WESTERHAM, TN16 1ES - £299,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SPRINGMEAD is a small extended detached house of 135m², built sometime between 1900 and 1929, which could now be worth an estimated £608,686. It was last sold for £299,000 in May 2006, which was around 36% below the average May 2006 detached price in the Sevenoaks 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.

SPRINGMEAD Sold Prices

Land registry data shows two sales for SPRINGMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. Both of the two SPRINGMEAD 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
2006 26 MAY	£299,000	£463,956	36% below HPI
1997 21 MAR	£112,000	£183,935	39% below HPI

SPRINGMEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two SPRINGMEAD sales from March 1997 and May 2006 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 March 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2006 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might SPRINGMEAD be worth now?

SPRINGMEAD might now be worth an estimated £608,686.

This is based on house price inflation of 103.6%, between May 2006 and December 2024, for detached houses, in the Sevenoaks local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 103.6% inflationary increase is applied to the most recent sale price for SPRINGMEAD of £299,000 on 26th May 2006. For the value to have increased from £299,000 to £608,686 over the seventeen years and five months to December 2024, the following assumptions must hold true:

• The value of SPRINGMEAD has moved in line with the HPI for detached houses in the Sevenoaks local authority area.
• The May 2006 sale price of £299,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGMEAD has not materially changed since May 2006.

How Large is SPRINGMEAD?

SPRINGMEAD is 135m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses houses in Westerham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Westerham, and where SPRINGMEAD lies on this distribution: 37% of detached houses houses are smaller than SPRINGMEAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Westerham.

SPRINGMEAD: Plot and Title Map

SPRINGMEAD sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of SPRINGMEAD, 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 SPRINGMEAD). 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 SPRINGMEAD?

SPRINGMEAD is located on THE SLIP in WESTERHAM, in the TN16 postcode district. The below map shows the position of SPRINGMEAD on THE SLIP.