5, SPRINGWOOD ROAD, HEATHFIELD, TN21 8JY - £294,950

5 SPRINGWOOD ROAD is a small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £294,950 in March 2016, which was around 35% below the average March 2016 detached price in the Wealden local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

5 SPRINGWOOD ROAD Sold Prices

Land registry data shows three sales for 5 SPRINGWOOD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wealden local authority area for the corresponding sale date. All of the three 5 SPRINGWOOD 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
2016 24 MAR	£294,950	£454,367	35% below HPI
2014 24 JAN	£250,000	£371,021	33% below HPI
1999 4 OCT	£139,950	£165,667	16% below HPI

5 SPRINGWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wealden local authority area over time, sourced from the HPI. The three 5 SPRINGWOOD ROAD sales between October 1999 and March 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 January 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2016 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 5 SPRINGWOOD ROAD?

5 SPRINGWOOD ROAD is 86m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Heathfield, based on EPC data. The below chart shows the distribution of detached houses by size in Heathfield, and where 5 SPRINGWOOD ROAD lies on this distribution: 22% of detached houses are smaller than 5 SPRINGWOOD ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Heathfield.

5 SPRINGWOOD ROAD: Plot and Title Map

5 SPRINGWOOD ROAD sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 5 SPRINGWOOD 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 SPRINGWOOD 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 SPRINGWOOD ROAD?

5 SPRINGWOOD ROAD is located in HEATHFIELD, in the TN21 postcode district. The below map shows the position of No. 5 on SPRINGWOOD ROAD.