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

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

18 SPRINGFIELD ROAD is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £203,000 in August 2019, which was around 18% 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	£247,801	18% below HPI
2004 13 FEB	£143,000	£166,680	14% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 18 SPRINGFIELD ROAD lies on this distribution: 9% of detached 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.