Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
104 SPRINGHILL LANE is a very large extended detached house of 176m², built sometime between 1950 and 1966. It was last sold for £440,000 in June 2020, which was around 28% above the average June 2020 detached price in the South Staffordshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 104 SPRINGHILL LANE since 1st 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. Both of the two 104 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 |
---|---|---|---|
2020 2 JUN | £440,000 | £342,566 | 28% above HPI |
1997 4 AUG | £125,000 | £97,985 | 28% above HPI |
The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 104 SPRINGHILL LANE sales from August 1997 and June 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 August 1997 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2020 sale, which was also at 28% above the HPI.
104 SPRINGHILL LANE is 176m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 104 SPRINGHILL LANE lies on this distribution: 87% of detached houses are smaller than 104 SPRINGHILL LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
104 SPRINGHILL LANE sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 104 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 104 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.
104 SPRINGHILL LANE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 104 on SPRINGHILL LANE.