4, SPRING LANE, WILLENHALL, WV12 4JH - £215,995

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

4 SPRING LANE is a small detached house of 89m². It was last sold for £215,995 in June 2016, which was around 10% below the average June 2016 detached price in the Walsall local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was B.

4 SPRING LANE Sold Prices

Land registry data shows three sales for 4 SPRING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 4 SPRING LANE sales were for below 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
2016 17 JUN	£215,995	£239,466	10% below HPI
2016 25 APR	£163,950	£229,954	29% below HPI
2014 21 JUL	£163,950	£212,978	23% below HPI

4 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 4 SPRING LANE sales between July 2014 and June 2016 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 April 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 SPRING LANE?

4 SPRING LANE is 89m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Willenhall, based on EPC data. The below chart shows the distribution of detached houses by size in Willenhall, and where 4 SPRING LANE lies on this distribution: 32% of detached houses are smaller than 4 SPRING LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Willenhall.

4 SPRING LANE: Plot and Title Map

4 SPRING LANE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 4 SPRING 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 4 SPRING 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 4 SPRING LANE?

4 SPRING LANE is located in WILLENHALL, in the WV12 postcode district. The below map shows the position of No. 4 on SPRING LANE.