5, SPRINGFIELD ROAD, BILSTON, WV14 6LN - £250,000

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

5 SPRINGFIELD ROAD is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £250,000 in April 2024, which was around 22% below the average April 2024 detached price in the Wolverhampton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

5 SPRINGFIELD ROAD Sold Prices

Land registry data shows four sales for 5 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 5 SPRINGFIELD ROAD 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
2024 26 APR	£250,000	£318,674	22% below HPI
2014 26 SEP	£170,000	£195,916	13% below HPI
2001 19 MAR	£80,000	£91,541	13% below HPI
1995 27 SEP	£59,000	£69,932	16% below HPI

5 SPRINGFIELD ROAD 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 four 5 SPRINGFIELD ROAD sales between September 1995 and April 2024 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is 104m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses by size in Bilston, and where 5 SPRINGFIELD ROAD lies on this distribution: 60% of detached houses are smaller than 5 SPRINGFIELD ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Bilston.

5 SPRINGFIELD ROAD: Plot and Title Map

5 SPRINGFIELD ROAD sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 5 SPRINGFIELD ROAD, 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 5 SPRINGFIELD ROAD). 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 5 SPRINGFIELD ROAD?

5 SPRINGFIELD ROAD is located in BILSTON, in the WV14 postcode district. The below map shows the position of No. 5 on SPRINGFIELD ROAD.