1, SPRINGHILL LANE, WOLVERHAMPTON, WV4 4SH - £355,000

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 SPRINGHILL LANE is a midsized extended detached house of 113m², built sometime between 1900 and 1929, which could now be worth an estimated £384,536. It was last sold for £355,000 in June 2023, which was around 15% above the average June 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

1 SPRINGHILL LANE Sold Prices

Land registry data shows two sales for 1 SPRINGHILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 1 SPRINGHILL LANE 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
2023 2 JUN	£355,000	£307,970	15% above HPI
2003 2 MAY	£235,000	£147,462	59% above HPI

1 SPRINGHILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 1 SPRINGHILL LANE sales from May 2003 and June 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 May 2003 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the June 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 1 SPRINGHILL LANE be worth now?

1 SPRINGHILL LANE might now be worth an estimated £384,536.

This is based on house price inflation of 8.3%, between June 2023 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.3% inflationary increase is applied to the most recent sale price for 1 SPRINGHILL LANE of £355,000 on 2nd June 2023. For the value to have increased from £355,000 to £384,536 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGHILL LANE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The June 2023 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGHILL LANE has not materially changed since June 2023.

How Large is 1 SPRINGHILL LANE?

1 SPRINGHILL LANE is 113m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 1 SPRINGHILL LANE lies on this distribution: 56% of detached houses houses are smaller than 1 SPRINGHILL LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 SPRINGHILL LANE: Plot and Title Map

1 SPRINGHILL LANE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 1 SPRINGHILL LANE, 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 SPRINGHILL LANE). 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 SPRINGHILL LANE?

1 SPRINGHILL LANE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 1 on SPRINGHILL LANE.