5, SPRINGHEAD, TUNBRIDGE WELLS, TN2 3NY - £365,000

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 SPRINGHEAD is a very small detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £614,939. It was last sold for £365,000 in October 2012, which was around 29% below the average October 2012 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

5 SPRINGHEAD Sold Prices

Land registry data shows one sale for 5 SPRINGHEAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 17 OCT	£365,000	£511,593	29% below HPI

What might 5 SPRINGHEAD be worth now?

5 SPRINGHEAD might now be worth an estimated £614,939.

This is based on house price inflation of 68.5%, between October 2012 and May 2026, for detached houses, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.5% inflationary increase is applied to the most recent sale price for 5 SPRINGHEAD of £365,000 on 17th October 2012. For the value to have increased from £365,000 to £614,939 over the fourteen years and five months to May 2026, the following assumptions must hold true:

• The value of 5 SPRINGHEAD has moved in line with the HPI for detached houses in the Tunbridge Wells local authority area.
• The October 2012 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGHEAD has not materially changed since October 2012.

How Large is 5 SPRINGHEAD?

5 SPRINGHEAD is 104m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where 5 SPRINGHEAD lies on this distribution: 19% of detached houses are smaller than 5 SPRINGHEAD, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

5 SPRINGHEAD: Plot

5 SPRINGHEAD sits on a plot of roughly 0.089 of an acre, or 361m².

Where is 5 SPRINGHEAD?

5 SPRINGHEAD is located in TUNBRIDGE WELLS, in the TN2 postcode district.