12, SPRING HEAD, WEDNESBURY, WS10 9AD - £183,000

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.

12 SPRING HEAD is a very small detached house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £396,224. It was last sold for £183,000 in May 2004, which was around 21% above the average May 2004 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was D.

12 SPRING HEAD Sold Prices

Land registry data shows four sales for 12 SPRING HEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Most of the four 12 SPRING HEAD 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
2004 7 MAY	£183,000	£150,927	21% above HPI
2003 21 MAY	£88,000	£126,217	30% below HPI
2002 27 SEP	£68,000	£110,133	38% below HPI
2001 5 JUN	£60,000	£87,595	32% below HPI

12 SPRING HEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 12 SPRING HEAD sales between June 2001 and May 2004 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 May 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2004 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 12 SPRING HEAD be worth now?

12 SPRING HEAD might now be worth an estimated £396,224.

This is based on house price inflation of 116.5%, between May 2004 and June 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 116.5% inflationary increase is applied to the most recent sale price for 12 SPRING HEAD of £183,000 on 7th May 2004. For the value to have increased from £183,000 to £396,224 over the twenty years and eleven months to June 2025, the following assumptions must hold true:

• The value of 12 SPRING HEAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The May 2004 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SPRING HEAD has not materially changed since May 2004.

How Large is 12 SPRING HEAD?

12 SPRING HEAD is 64m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wednesbury, and where 12 SPRING HEAD lies on this distribution: 5% of detached houses houses are smaller than 12 SPRING HEAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

12 SPRING HEAD: Plot and Title Map

12 SPRING HEAD sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 12 SPRING HEAD, 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 12 SPRING HEAD). 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 12 SPRING HEAD?

12 SPRING HEAD is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 12 on SPRING HEAD.