127, SPRINGFIELDS, WALSALL, WS4 1LB - £148,000

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.

127 SPRINGFIELDS is a very small terraced house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £210,695. It was last sold for £148,000 in March 2019, which was around 11% above the average March 2019 terraced price in the Walsall local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

127 SPRINGFIELDS Sold Prices

Land registry data shows three sales for 127 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. Two of the three 127 SPRINGFIELDS sales were for above the average price, whilst one 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
2019 1 MAR	£148,000	£133,060	11% above HPI
2015 19 FEB	£115,950	£108,989	6% above HPI
2002 21 AUG	£59,000	£59,780	1% below HPI

127 SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Walsall local authority area over time, sourced from the HPI. The three 127 SPRINGFIELDS sales between August 2002 and March 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 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2019 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 127 SPRINGFIELDS be worth now?

127 SPRINGFIELDS might now be worth an estimated £210,695.

This is based on house price inflation of 42.4%, between March 2019 and April 2026, for terraced houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.4% inflationary increase is applied to the most recent sale price for 127 SPRINGFIELDS of £148,000 on 1st March 2019. For the value to have increased from £148,000 to £210,695 over the six years and eleven months to April 2026, the following assumptions must hold true:

• The value of 127 SPRINGFIELDS has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The March 2019 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 127 SPRINGFIELDS has not materially changed since March 2019.

How Large is 127 SPRINGFIELDS?

127 SPRINGFIELDS is 77m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of terraced houses houses in Rushall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rushall, and where 127 SPRINGFIELDS lies on this distribution: 10% of terraced houses houses are smaller than 127 SPRINGFIELDS, and 90% of houses are larger. Note that EPC data is not available for all properties in Rushall.

127 SPRINGFIELDS: Plot and Title Map

127 SPRINGFIELDS sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 127 SPRINGFIELDS, 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 127 SPRINGFIELDS). 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 127 SPRINGFIELDS?

127 SPRINGFIELDS is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 127 on SPRINGFIELDS.