1, SPRINGHILL PARK, WOLVERHAMPTON, WV4 4TS - £590,000

1 SPRINGHILL PARK is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £590,000 in December 2022, which was around 37% above the average December 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

1 SPRINGHILL PARK Sold Prices

Land registry data shows two sales for 1 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. One of the two 1 SPRINGHILL PARK sales was for above the average price, whilst the other was 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
2022 15 DEC	£590,000	£429,694	37% above HPI
2016 12 AUG	£206,000	£291,863	29% below HPI

1 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 1 SPRINGHILL PARK sales from August 2016 and December 2022 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 August 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 1 SPRINGHILL PARK?

1 SPRINGHILL PARK is 93m² according to the EPC inspection conducted in September 2015. 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 1 SPRINGHILL PARK lies on this distribution: 33% of detached houses are smaller than 1 SPRINGHILL PARK, and 66% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

1 SPRINGHILL PARK: Plot and Title Map

1 SPRINGHILL PARK sits on a plot of roughly 0.166 of an acre, or 674m². The below map shows the location of 1 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 1 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 1 SPRINGHILL PARK?

1 SPRINGHILL PARK is located in WOLVERHAMPTON, in the WV4 postcode district. The below map shows the position of No. 1 on SPRINGHILL PARK.