22, SPRINGHILL PARK, WOLVERHAMPTON, WV4 4TS - £360,000

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

22 SPRINGHILL PARK is a very large extended detached house of 192m², built sometime between 1930 and 1949. It was last sold for £360,000 in November 2017, which was around 17% above the average November 2017 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

22 SPRINGHILL PARK Sold Prices

Land registry data shows two sales for 22 SPRINGHILL PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 22 SPRINGHILL PARK 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
2017 10 NOV	£360,000	£306,855	17% above HPI
1995 11 NOV	£130,000	£90,130	44% above HPI

22 SPRINGHILL PARK 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 two 22 SPRINGHILL PARK sales from November 1995 and November 2017 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 November 1995 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the November 2017 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 22 SPRINGHILL PARK?

22 SPRINGHILL PARK is 192m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 22 SPRINGHILL PARK lies on this distribution: 91% of detached houses are smaller than 22 SPRINGHILL PARK, and 9% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

22 SPRINGHILL PARK: Plot and Title Map

22 SPRINGHILL PARK sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 22 SPRINGHILL PARK, 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 22 SPRINGHILL PARK). 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 22 SPRINGHILL PARK?

22 SPRINGHILL PARK is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 22 on SPRINGHILL PARK.