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
28 SPRINGFIELD LANE is a large extended detached house of 134m², built sometime between 1930 and 1949. It was last sold for £190,000 in October 2010, which was about the average October 2010 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 28 SPRINGFIELD LANE since 1st 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. One of the two 28 SPRINGFIELD LANE sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2010 1 OCT | £190,000 | £189,366 | Close to HPI |
2007 21 SEP | £234,950 | £214,648 | 9% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 28 SPRINGFIELD LANE sales from September 2007 and October 2010 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 September 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2010 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
28 SPRINGFIELD LANE is 134m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 28 SPRINGFIELD LANE lies on this distribution: 72% of detached houses are smaller than 28 SPRINGFIELD LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
28 SPRINGFIELD LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 28 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 28 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.
28 SPRINGFIELD LANE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 28 on SPRINGFIELD LANE.