Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
25 SPRINGHILL GROVE is a large extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £350,000 in March 2023, which was around 8% above the average March 2023 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 25 SPRINGHILL GROVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Most of the five 25 SPRINGHILL GROVE 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 |
---|---|---|---|
2023 17 MAR | £350,000 | £323,231 | 8% above HPI |
2019 18 JUL | £288,000 | £242,694 | 19% above HPI |
2010 5 FEB | £199,000 | £191,332 | 4% above HPI |
2007 9 FEB | £199,999 | £204,182 | 2% below HPI |
1995 31 JAN | £11,000 | £67,649 | 84% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The five 25 SPRINGHILL GROVE sales between January 1995 and March 2023 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 July 2019 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.
25 SPRINGHILL GROVE is 127m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 25 SPRINGHILL GROVE lies on this distribution: 68% of detached houses are smaller than 25 SPRINGHILL GROVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
25 SPRINGHILL GROVE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 25 SPRINGHILL GROVE, 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 25 SPRINGHILL GROVE). 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.
25 SPRINGHILL GROVE is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 25 on SPRINGHILL GROVE.