12, SPRING HEAD, WEDNESBURY, WS10 9AD - £183,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 SPRING HEAD is a very small detached house of 64m², built sometime between 1900 and 1929. It was last sold for £183,000 in May 2004, which was around 14% above the average May 2004 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was D.

12 SPRING HEAD Sold Prices

Land registry data shows four sales for 12 SPRING HEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Most of the four 12 SPRING HEAD sales were for below 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
2004 7 MAY	£183,000	£160,158	14% above HPI
2003 21 MAY	£88,000	£133,936	34% below HPI
2002 27 SEP	£68,000	£116,869	42% below HPI
2001 5 JUN	£60,000	£92,952	35% below HPI

12 SPRING HEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 12 SPRING HEAD sales between June 2001 and May 2004 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2004 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 12 SPRING HEAD?

12 SPRING HEAD is 64m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wednesbury, and where 12 SPRING HEAD lies on this distribution: 5% of detached houses are smaller than 12 SPRING HEAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

12 SPRING HEAD: Plot and Title Map

12 SPRING HEAD sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 12 SPRING HEAD, 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 12 SPRING HEAD). 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 12 SPRING HEAD?

12 SPRING HEAD is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 12 on SPRING HEAD.