5, SPRINGFIELD ROAD, BILSTON, WV14 6LN - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 SPRINGFIELD ROAD is a midsized extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £297,225. It was last sold for £170,000 in September 2014, which was around 11% below the average September 2014 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 three sales for 5 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 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
2014 26 SEP	£170,000	£190,801	11% below HPI
2001 19 MAR	£80,000	£89,151	10% below HPI
1995 27 SEP	£59,000	£68,107	13% 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 three 5 SPRINGFIELD ROAD sales between September 1995 and September 2014 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 March 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 SPRINGFIELD ROAD be worth now?

5 SPRINGFIELD ROAD might now be worth an estimated £297,225.

This is based on house price inflation of 74.8%, between September 2014 and February 2025, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.8% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD ROAD of £170,000 on 26th September 2014. For the value to have increased from £170,000 to £297,225 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The September 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD ROAD has not materially changed since September 2014.

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 houses in Bilston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bilston, and where 5 SPRINGFIELD ROAD lies on this distribution: 59% of detached houses 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.