1, SPRING DRIVE, GREAT WYRLEY, WALSALL, WS6 6DG - £360,000

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.

1 SPRING DRIVE is a large detached house of 133m², built sometime between 1991 and 1995, which could now be worth an estimated £368,673. It was last sold for £360,000 in April 2023, which was around 15% below the average April 2023 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

1 SPRING DRIVE Sold Prices

Land registry data shows two sales for 1 SPRING DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. One of the two 1 SPRING DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2023 28 APR	£360,000	£421,164	15% below HPI
2017 13 APR	£300,000	£301,047	Close to HPI

1 SPRING DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 1 SPRING DRIVE sales from April 2017 and April 2023 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 April 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 SPRING DRIVE be worth now?

1 SPRING DRIVE might now be worth an estimated £368,673.

This is based on house price inflation of 2.4%, between April 2023 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% inflationary increase is applied to the most recent sale price for 1 SPRING DRIVE of £360,000 on 28th April 2023. For the value to have increased from £360,000 to £368,673 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 1 SPRING DRIVE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The April 2023 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRING DRIVE has not materially changed since April 2023.

How Large is 1 SPRING DRIVE?

1 SPRING DRIVE is 133m² according to the EPC inspection conducted in October 2016. This puts it in the largest 30% of detached houses houses in Great Wyrley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Wyrley, and where 1 SPRING DRIVE lies on this distribution: 76% of detached houses houses are smaller than 1 SPRING DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Great Wyrley.

1 SPRING DRIVE: Plot and Title Map

1 SPRING DRIVE sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of 1 SPRING 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 1 SPRING 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 1 SPRING DRIVE?

1 SPRING DRIVE is located in GREAT WYRLEY, in the WS6 postcode district. The below map shows the position of No. 1 on SPRING DRIVE.