18, SPRINGFIELD ROAD, BILSTON, WV14 6LN - £203,000

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.

18 SPRINGFIELD ROAD is a very small extended detached house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £280,607. It was last sold for £203,000 in August 2019, which was around 16% below the average August 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

18 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 18 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 18 SPRINGFIELD ROAD 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
2019 30 AUG	£203,000	£241,332	16% below HPI
2004 13 FEB	£143,000	£162,328	12% below HPI

18 SPRINGFIELD ROAD 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 two 18 SPRINGFIELD ROAD sales from February 2004 and August 2019 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 February 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 18 SPRINGFIELD ROAD be worth now?

18 SPRINGFIELD ROAD might now be worth an estimated £280,607.

This is based on house price inflation of 38.2%, between August 2019 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.2% inflationary increase is applied to the most recent sale price for 18 SPRINGFIELD ROAD of £203,000 on 30th August 2019. For the value to have increased from £203,000 to £280,607 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 18 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The August 2019 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRINGFIELD ROAD has not materially changed since August 2019.

How Large is 18 SPRINGFIELD ROAD?

18 SPRINGFIELD ROAD is 77m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilston, and where 18 SPRINGFIELD ROAD lies on this distribution: 10% of detached houses houses are smaller than 18 SPRINGFIELD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Bilston.

18 SPRINGFIELD ROAD: Plot and Title Map

18 SPRINGFIELD ROAD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 18 SPRINGFIELD ROAD, 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 18 SPRINGFIELD ROAD). 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 18 SPRINGFIELD ROAD?

18 SPRINGFIELD ROAD is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 18 on SPRINGFIELD ROAD.