SPRINGMEAD, THE SLIP, WESTERHAM, TN16 1ES - £299,000

SPRINGMEAD is a small extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £299,000 in May 2006, which was around 32% below the average May 2006 detached price in the Sevenoaks local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

SPRINGMEAD Sold Prices

Land registry data shows two sales for SPRINGMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sevenoaks local authority area for the corresponding sale date. Both of the two SPRINGMEAD 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
2006 26 MAY	£299,000	£440,438	32% below HPI
1997 21 MAR	£112,000	£174,611	36% below HPI

SPRINGMEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sevenoaks local authority area over time, sourced from the HPI. The two SPRINGMEAD sales from March 1997 and May 2006 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 March 1997 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2006 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is SPRINGMEAD?

SPRINGMEAD is 135m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Westerham, based on EPC data. The below chart shows the distribution of detached houses by size in Westerham, and where SPRINGMEAD lies on this distribution: 36% of detached houses are smaller than SPRINGMEAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Westerham.

SPRINGMEAD: Plot and Title Map

SPRINGMEAD sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of SPRINGMEAD, 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 SPRINGMEAD). 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 SPRINGMEAD?

SPRINGMEAD is located on THE SLIP in WESTERHAM, in the TN16 postcode district. The below map shows the position of SPRINGMEAD on THE SLIP.