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
91 SPRINGFIELD ROAD is a small detached house of 96m², built sometime between 1900 and 1929. It was last sold for £110,000 in June 2014, which was around 42% below the average June 2014 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 91 SPRINGFIELD ROAD since 1st 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 91 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 6 JUN | £110,000 | £189,789 | 42% below HPI |
2004 5 MAR | £105,000 | £166,310 | 37% below HPI |
1996 20 DEC | £42,000 | £71,065 | 41% below HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 91 SPRINGFIELD ROAD sales between December 1996 and June 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 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2014 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
91 SPRINGFIELD ROAD is 96m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 91 SPRINGFIELD ROAD lies on this distribution: 36% of detached houses are smaller than 91 SPRINGFIELD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
91 SPRINGFIELD ROAD sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 91 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 91 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.
91 SPRINGFIELD ROAD is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 91 on SPRINGFIELD ROAD.