8, SPRINGFIELD DRIVE, RYE, TN31 7FL - £180,000

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.

8 SPRINGFIELD DRIVE is a large flat of 63m², which could now be worth an estimated £251,684. It was last sold for £180,000 in May 2015, which was around 36% above the average May 2015 flat price in the Rother local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

8 SPRINGFIELD DRIVE Sold Prices

Land registry data shows two sales for 8 SPRINGFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Rother local authority area for the corresponding sale date. Both of the two 8 SPRINGFIELD 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
2015 29 MAY	£180,000	£132,574	36% above HPI
2011 30 SEP	£175,000	£123,228	42% above HPI

What might 8 SPRINGFIELD DRIVE be worth now?

8 SPRINGFIELD DRIVE might now be worth an estimated £251,684.

This is based on house price inflation of 39.8%, between May 2015 and April 2026, for flats, in the Rother local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.8% inflationary increase is applied to the most recent sale price for 8 SPRINGFIELD DRIVE of £180,000 on 29th May 2015. For the value to have increased from £180,000 to £251,684 over the eleven years and one month to April 2026, the following assumptions must hold true:

• The value of 8 SPRINGFIELD DRIVE has moved in line with the HPI for flats in the Rother local authority area.
• The May 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRINGFIELD DRIVE has not materially changed since May 2015.

How Large is 8 SPRINGFIELD DRIVE?

8 SPRINGFIELD DRIVE is 63m² according to the EPC inspection conducted in August 2011. This puts it in the largest 40% of flats in Rye, based on EPC data. 61% of flats are smaller than 8 SPRINGFIELD DRIVE, and 34% of flats are larger. Note that EPC data is not available for all properties in Rye.

8 SPRINGFIELD DRIVE: Plot

8 SPRINGFIELD DRIVE sits on a plot of roughly 0.026 of an acre, or 105m².

Where is 8 SPRINGFIELD DRIVE?

8 SPRINGFIELD DRIVE is located in RYE, in the TN31 postcode district.