15, SPRINGPARK DRIVE, BECKENHAM, BR3 6QD - £450,000

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 SPRINGPARK DRIVE is a small semi-detached house of 148m², built sometime between 1950 and 1966, which could now be worth an estimated £980,603. It was last sold for £450,000 in November 2009, which was around 47% above the average November 2009 semi-detached price in the Bromley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

15 SPRINGPARK DRIVE Sold Prices

Land registry data shows four sales for 15 SPRINGPARK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Bromley local authority area for the corresponding sale date. All of the four 15 SPRINGPARK DRIVE sales were for above 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
2009 27 NOV	£450,000	£306,954	47% above HPI
2007 31 JUL	£442,000	£328,708	34% above HPI
1998 9 APR	£161,500	£128,102	26% above HPI
1996 12 JUL	£138,000	£101,753	36% above HPI

15 SPRINGPARK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromley local authority area over time, sourced from the HPI. The four 15 SPRINGPARK DRIVE sales between July 1996 and November 2009 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 July 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2009 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 15 SPRINGPARK DRIVE be worth now?

15 SPRINGPARK DRIVE might now be worth an estimated £980,603.

This is based on house price inflation of 117.9%, between November 2009 and May 2026, for semi-detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 117.9% inflationary increase is applied to the most recent sale price for 15 SPRINGPARK DRIVE of £450,000 on 27th November 2009. For the value to have increased from £450,000 to £980,603 over the seventeen years and six months to May 2026, the following assumptions must hold true:

• The value of 15 SPRINGPARK DRIVE has moved in line with the HPI for semi-detached houses in the Bromley local authority area.
• The November 2009 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPRINGPARK DRIVE has not materially changed since November 2009.

How Large is 15 SPRINGPARK DRIVE?

15 SPRINGPARK DRIVE is 148m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of semi-detached houses houses in Beckenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Beckenham, and where 15 SPRINGPARK DRIVE lies on this distribution: 31% of semi-detached houses houses are smaller than 15 SPRINGPARK DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

15 SPRINGPARK DRIVE: Plot and Title Map

15 SPRINGPARK DRIVE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 15 SPRINGPARK DRIVE, 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 SPRINGPARK DRIVE). 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 SPRINGPARK DRIVE?

15 SPRINGPARK DRIVE is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 15 on SPRINGPARK DRIVE.