56, SPRINGPARK DRIVE, BECKENHAM, BR3 6QD - £607,400

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.

56 SPRINGPARK DRIVE is a very small extended terraced house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £732,694. It was last sold for £607,400 in September 2018, which was around 48% above the average September 2018 terraced price in the Bromley local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

56 SPRINGPARK DRIVE Sold Prices

Land registry data shows two sales for 56 SPRINGPARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bromley local authority area for the corresponding sale date. Both of the two 56 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
2018 27 SEP	£607,400	£410,285	48% above HPI
2011 7 DEC	£395,000	£249,746	58% above HPI

56 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 two 56 SPRINGPARK DRIVE sales from December 2011 and September 2018 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 December 2011 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2018 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 56 SPRINGPARK DRIVE be worth now?

56 SPRINGPARK DRIVE might now be worth an estimated £732,694.

This is based on house price inflation of 20.6%, between September 2018 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 20.6% inflationary increase is applied to the most recent sale price for 56 SPRINGPARK DRIVE of £607,400 on 27th September 2018. For the value to have increased from £607,400 to £732,694 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 56 SPRINGPARK DRIVE has moved in line with the HPI for terraced houses in the Bromley local authority area.
• The September 2018 sale price of £607,400 represented a fair market value for the property.
• The size, condition, and specification of 56 SPRINGPARK DRIVE has not materially changed since September 2018.

How Large is 56 SPRINGPARK DRIVE?

56 SPRINGPARK DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in April 2011. 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 56 SPRINGPARK DRIVE lies on this distribution: 12% of terraced houses houses are smaller than 56 SPRINGPARK DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Beckenham.

56 SPRINGPARK DRIVE: Plot and Title Map

56 SPRINGPARK DRIVE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 56 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 56 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 56 SPRINGPARK DRIVE?

56 SPRINGPARK DRIVE is located in BECKENHAM, in the BR3 postcode district. The below map shows the position of No. 56 on SPRINGPARK DRIVE.