13, SPRINGHILL LANE, WOLVERHAMPTON, WV4 4SJ - £360,000

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

13 SPRINGHILL LANE is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £360,000 in May 2024, which was around 12% above the average May 2024 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

13 SPRINGHILL LANE Sold Prices

Land registry data shows three sales for 13 SPRINGHILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 13 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
2024 22 MAY	£360,000	£320,174	12% above HPI
2021 21 DEC	£350,000	£284,966	23% above HPI
2001 19 JUL	£118,000	£99,244	19% above HPI

13 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 three 13 SPRINGHILL LANE sales between July 2001 and May 2024 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 December 2021 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2024 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 13 SPRINGHILL LANE?

13 SPRINGHILL LANE is 97m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 13 SPRINGHILL LANE lies on this distribution: 37% of detached houses are smaller than 13 SPRINGHILL LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

13 SPRINGHILL LANE: Plot and Title Map

13 SPRINGHILL LANE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 13 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 13 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 13 SPRINGHILL LANE?

13 SPRINGHILL LANE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 13 on SPRINGHILL LANE.