3A, SPRINGFIELD LANE, WOLVERHAMPTON, WV10 6PU - £170,000

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

3A SPRINGFIELD LANE is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £170,000 in May 2013, which was around 8% below the average May 2013 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

3A SPRINGFIELD LANE Sold Prices

Land registry data shows two sales for 3A 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. One of the two 3A SPRINGFIELD LANE sales was for below 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
2013 10 MAY	£170,000	£184,542	8% below HPI
2002 6 AUG	£128,500	£123,803	4% above HPI

3A 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 3A SPRINGFIELD LANE sales from August 2002 and May 2013 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 August 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2013 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3A SPRINGFIELD LANE?

3A SPRINGFIELD LANE is 111m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 3A SPRINGFIELD LANE lies on this distribution: 54% of detached houses are smaller than 3A SPRINGFIELD LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

3A SPRINGFIELD LANE: Plot and Title Map

3A SPRINGFIELD LANE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 3A 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 3A 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 3A SPRINGFIELD LANE?

3A SPRINGFIELD LANE is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 3A on SPRINGFIELD LANE.