20, SPRINGFIELD LANE, WOLVERHAMPTON, WV10 6PX - £405,000

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.

20 SPRINGFIELD LANE is a very large extended detached house of 153m², built sometime between 1950 and 1966, which could now be worth an estimated £515,403. It was last sold for £405,000 in April 2021, which was around 55% above the average April 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

20 SPRINGFIELD LANE Sold Prices

Land registry data shows two sales for 20 SPRINGFIELD LANE 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 20 SPRINGFIELD 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
2021 26 APR	£405,000	£262,135	55% above HPI
2010 1 OCT	£195,000	£184,422	6% above HPI

20 SPRINGFIELD 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 two 20 SPRINGFIELD LANE sales from October 2010 and April 2021 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 October 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 20 SPRINGFIELD LANE be worth now?

20 SPRINGFIELD LANE might now be worth an estimated £515,403.

This is based on house price inflation of 27.3%, between April 2021 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 27.3% inflationary increase is applied to the most recent sale price for 20 SPRINGFIELD LANE of £405,000 on 26th April 2021. For the value to have increased from £405,000 to £515,403 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 20 SPRINGFIELD LANE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The April 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 20 SPRINGFIELD LANE has not materially changed since April 2021.

How Large is 20 SPRINGFIELD LANE?

20 SPRINGFIELD LANE is 153m², which includes three extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 20% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 20 SPRINGFIELD LANE lies on this distribution: 80% of detached houses houses are smaller than 20 SPRINGFIELD LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

20 SPRINGFIELD LANE: Plot and Title Map

20 SPRINGFIELD LANE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 20 SPRINGFIELD 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 20 SPRINGFIELD 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 20 SPRINGFIELD LANE?

20 SPRINGFIELD LANE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 20 on SPRINGFIELD LANE.