3, SPRINGPARK DRIVE, BECKENHAM, BR3 6QD - £645,000

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.

3 SPRINGPARK DRIVE is a very small terraced house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £822,534. It was last sold for £645,000 in December 2016, which was around 66% above the average December 2016 terraced price in the Bromley local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

3 SPRINGPARK DRIVE Sold Prices

Land registry data shows four sales for 3 SPRINGPARK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. All of the four 3 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
2016 9 DEC	£645,000	£388,096	66% above HPI
2001 13 FEB	£250,000	£131,878	90% above HPI
1999 16 JUL	£200,000	£105,787	89% above HPI
1997 31 OCT	£178,000	£87,088	104% above HPI

3 SPRINGPARK DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromley local authority area over time, sourced from the HPI. The four 3 SPRINGPARK DRIVE sales between October 1997 and December 2016 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 February 2001 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the December 2016 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 3 SPRINGPARK DRIVE be worth now?

3 SPRINGPARK DRIVE might now be worth an estimated £822,534.

This is based on house price inflation of 27.5%, between December 2016 and May 2026, for terraced 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 27.5% inflationary increase is applied to the most recent sale price for 3 SPRINGPARK DRIVE of £645,000 on 9th December 2016. For the value to have increased from £645,000 to £822,534 over the ten years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 SPRINGPARK DRIVE has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The December 2016 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGPARK DRIVE has not materially changed since December 2016.

How Large is 3 SPRINGPARK DRIVE?

3 SPRINGPARK DRIVE is 121m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of terraced houses houses in Beckenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Beckenham, and where 3 SPRINGPARK DRIVE lies on this distribution: 13% of terraced houses houses are smaller than 3 SPRINGPARK DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

3 SPRINGPARK DRIVE: Plot and Title Map

3 SPRINGPARK DRIVE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 3 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 3 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 3 SPRINGPARK DRIVE?

3 SPRINGPARK DRIVE is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 3 on SPRINGPARK DRIVE.