10, SPRING LANE, WILLENHALL, WV12 4JH - £167,000

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.

10 SPRING LANE is a very small semi-detached house of 74m², which could now be worth an estimated £218,313. It was last sold for £167,000 in January 2020, which was around 1% below the average January 2020 semi-detached price in the Walsall local authority area. The most recent EPC inspection was November 2015, where the current energy rating was B, and the potential energy rating was B.

10 SPRING LANE Sold Prices

Land registry data shows two sales for 10 SPRING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Walsall local authority area for the corresponding sale date. One of the two 10 SPRING LANE sales was for below the average price, whilst the other was 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
2020 10 JAN	£167,000	£168,950	1% below HPI
2016 22 JAN	£150,995	£136,006	11% above HPI

10 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Walsall local authority area over time, sourced from the HPI. The two 10 SPRING LANE sales from January 2016 and January 2020 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 January 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 10 SPRING LANE be worth now?

10 SPRING LANE might now be worth an estimated £218,313.

This is based on house price inflation of 30.7%, between January 2020 and February 2025, for semi-detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.7% inflationary increase is applied to the most recent sale price for 10 SPRING LANE of £167,000 on 10th January 2020. For the value to have increased from £167,000 to £218,313 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 10 SPRING LANE has moved in line with the HPI for semi-detached houses in the Walsall local authority area.
• The January 2020 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPRING LANE has not materially changed since January 2020.

How Large is 10 SPRING LANE?

10 SPRING LANE is 74m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of semi-detached houses houses in Willenhall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Willenhall, and where 10 SPRING LANE lies on this distribution: 15% of semi-detached houses houses are smaller than 10 SPRING LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

10 SPRING LANE: Plot and Title Map

10 SPRING LANE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 10 SPRING 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 10 SPRING 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 10 SPRING LANE?

10 SPRING LANE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 10 on SPRING LANE.