6, SPRINGFIELD ROAD, HALESOWEN, B62 8JX - £140,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 SPRINGFIELD ROAD is a very small detached house of 37m², built sometime between 1996 and 2002, which could now be worth an estimated £187,170. It was last sold for £140,000 in June 2019, which was around 46% below the average June 2019 detached price in the Dudley local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

6 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 6 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 Dudley local authority area for the corresponding sale date. All of the three 6 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
2019 7 JUN	£140,000	£259,346	46% below HPI
2002 15 FEB	£66,500	£118,615	44% below HPI
1997 30 MAY	£55,000	£77,620	29% below HPI

6 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 6 SPRINGFIELD ROAD sales between May 1997 and June 2019 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 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 6 SPRINGFIELD ROAD be worth now?

6 SPRINGFIELD ROAD might now be worth an estimated £187,170.

This is based on house price inflation of 33.7%, between June 2019 and December 2024, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.7% inflationary increase is applied to the most recent sale price for 6 SPRINGFIELD ROAD of £140,000 on 7th June 2019. For the value to have increased from £140,000 to £187,170 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 6 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Dudley local authority area.
• The June 2019 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGFIELD ROAD has not materially changed since June 2019.

How Large is 6 SPRINGFIELD ROAD?

6 SPRINGFIELD ROAD is 37m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 6 SPRINGFIELD ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 6 SPRINGFIELD ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

6 SPRINGFIELD ROAD: Plot and Title Map

6 SPRINGFIELD ROAD sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 6 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 6 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 6 SPRINGFIELD ROAD?

6 SPRINGFIELD ROAD is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 6 on SPRINGFIELD ROAD.