58, SPRINGHILL PARK, WOLVERHAMPTON, WV4 4TP - £495,000

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.

58 SPRINGHILL PARK is a very large extended detached house of 189m², built sometime between 1950 and 1966, which could now be worth an estimated £751,327. It was last sold for £495,000 in January 2016, which was around 74% above the average January 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was A, and the potential energy rating was A.

58 SPRINGHILL PARK Sold Prices

Land registry data shows two sales for 58 SPRINGHILL PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. Both of the two 58 SPRINGHILL PARK sales were 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
2016 15 JAN	£495,000	£284,162	74% above HPI
2009 10 FEB	£315,000	£254,736	24% above HPI

58 SPRINGHILL PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 58 SPRINGHILL PARK sales from February 2009 and January 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 February 2009 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2016 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 58 SPRINGHILL PARK be worth now?

58 SPRINGHILL PARK might now be worth an estimated £751,327.

This is based on house price inflation of 51.8%, between January 2016 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.8% inflationary increase is applied to the most recent sale price for 58 SPRINGHILL PARK of £495,000 on 15th January 2016. For the value to have increased from £495,000 to £751,327 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 58 SPRINGHILL PARK has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The January 2016 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 58 SPRINGHILL PARK has not materially changed since January 2016.

How Large is 58 SPRINGHILL PARK?

58 SPRINGHILL PARK is 189m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 58 SPRINGHILL PARK lies on this distribution: 90% of detached houses houses are smaller than 58 SPRINGHILL PARK, and 9% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

58 SPRINGHILL PARK: Plot and Title Map

58 SPRINGHILL PARK sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of 58 SPRINGHILL PARK, 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 58 SPRINGHILL PARK). 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 58 SPRINGHILL PARK?

58 SPRINGHILL PARK is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 58 on SPRINGHILL PARK.