15, SPRINGFIELD, OXTED, RH8 9JL - £350,000

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.

15 SPRINGFIELD is a very small extended terraced house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £481,875. It was last sold for £350,000 in April 2015, which was around 19% above the average April 2015 terraced price in the Tandridge local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

15 SPRINGFIELD Sold Prices

Land registry data shows two sales for 15 SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Tandridge local authority area for the corresponding sale date. One of the two 15 SPRINGFIELD sales was for above the average price, whilst the other was 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
2015 10 APR	£350,000	£294,857	19% above HPI
2013 21 OCT	£250,000	£256,666	3% below HPI

15 SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Tandridge local authority area over time, sourced from the HPI. The two 15 SPRINGFIELD sales from October 2013 and April 2015 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 October 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2015 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 15 SPRINGFIELD be worth now?

15 SPRINGFIELD might now be worth an estimated £481,875.

This is based on house price inflation of 37.7%, between April 2015 and April 2026, for terraced houses, in the Tandridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.7% inflationary increase is applied to the most recent sale price for 15 SPRINGFIELD of £350,000 on 10th April 2015. For the value to have increased from £350,000 to £481,875 over the eleven years to April 2026, the following assumptions must hold true:

• The value of 15 SPRINGFIELD has moved in line with the HPI for terraced houses in the Tandridge local authority area.
• The April 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPRINGFIELD has not materially changed since April 2015.

How Large is 15 SPRINGFIELD?

15 SPRINGFIELD is 98m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of terraced houses houses in Oxted, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oxted, and where 15 SPRINGFIELD lies on this distribution: 12% of terraced houses houses are smaller than 15 SPRINGFIELD, and 88% of houses are larger. Note that EPC data is not available for all properties in Oxted.

15 SPRINGFIELD: Plot and Title Map

15 SPRINGFIELD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 15 SPRINGFIELD, 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 15 SPRINGFIELD). 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 15 SPRINGFIELD?

15 SPRINGFIELD is located in OXTED, in the RH8 postcode district. The below map shows the position of No. 15 on SPRINGFIELD.