16, SPIRES CROFT, SHARESHILL, WOLVERHAMPTON, WV10 7JH - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 SPIRES CROFT is a midsized extended detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £490,611. It was last sold for £320,000 in March 2016, which was around 14% above the average March 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

16 SPIRES CROFT Sold Prices

Land registry data shows three sales for 16 SPIRES CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 16 SPIRES CROFT 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
2016 14 MAR	£320,000	£281,321	14% above HPI
1999 11 JUN	£167,500	£108,265	55% above HPI
1997 4 APR	£154,500	£95,491	62% above HPI

16 SPIRES CROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 16 SPIRES CROFT sales between April 1997 and March 2016 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 June 1999 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 16 SPIRES CROFT be worth now?

16 SPIRES CROFT might now be worth an estimated £490,611.

This is based on house price inflation of 53.3%, between March 2016 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.3% inflationary increase is applied to the most recent sale price for 16 SPIRES CROFT of £320,000 on 14th March 2016. For the value to have increased from £320,000 to £490,611 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 16 SPIRES CROFT has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The March 2016 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPIRES CROFT has not materially changed since March 2016.

How Large is 16 SPIRES CROFT?

16 SPIRES CROFT is 137m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of detached houses houses in Shareshill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shareshill, and where 16 SPIRES CROFT lies on this distribution: 43% of detached houses houses are smaller than 16 SPIRES CROFT, and 55% of houses are larger. Note that EPC data is not available for all properties in Shareshill.

16 SPIRES CROFT: Plot and Title Map

16 SPIRES CROFT sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 16 SPIRES CROFT, 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 16 SPIRES CROFT). 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 16 SPIRES CROFT?

16 SPIRES CROFT is located in SHARESHILL, in the WV10 postcode district. The below map shows the position of No. 16 on SPIRES CROFT.