5, SPRINGFIELD ROAD, SITTINGBOURNE, ME10 2NB - £300,000

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.

5 SPRINGFIELD ROAD is a very small extended detached house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £358,774. It was last sold for £300,000 in July 2019, which was around 24% below the average July 2019 detached price in the Swale local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

5 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 5 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 Swale local authority area for the corresponding sale date. Both of the two 5 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
2019 12 JUL	£300,000	£393,065	24% below HPI
2007 25 JAN	£198,000	£258,790	23% below HPI

5 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The two 5 SPRINGFIELD ROAD sales from January 2007 and July 2019 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 January 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 SPRINGFIELD ROAD be worth now?

5 SPRINGFIELD ROAD might now be worth an estimated £358,774.

This is based on house price inflation of 19.6%, between July 2019 and May 2026, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD ROAD of £300,000 on 12th July 2019. For the value to have increased from £300,000 to £358,774 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 5 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Swale local authority area.
• The July 2019 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD ROAD has not materially changed since July 2019.

How Large is 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is 79m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses houses in Sittingbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sittingbourne, and where 5 SPRINGFIELD ROAD lies on this distribution: 9% of detached houses houses are smaller than 5 SPRINGFIELD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Sittingbourne.

5 SPRINGFIELD ROAD: Plot and Title Map

5 SPRINGFIELD ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 5 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 5 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 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is located in SITTINGBOURNE, in the ME10 postcode district. The below map shows the position of No. 5 on SPRINGFIELD ROAD.