16, SPRINGFIELD ROAD, WOLVERHAMPTON, WV10 0LJ - £114,000

16 SPRINGFIELD ROAD is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £114,000 in May 2017, which was around 49% below the average May 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

16 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 16 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 16 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
2017 12 MAY	£114,000	£222,207	49% below HPI
2014 6 AUG	£94,000	£194,603	52% below HPI

16 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 16 SPRINGFIELD ROAD sales from August 2014 and May 2017 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 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2017 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 16 SPRINGFIELD ROAD?

16 SPRINGFIELD ROAD is 91m², which includes one extension, according to the EPC inspection conducted in August 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 16 SPRINGFIELD ROAD lies on this distribution: 31% of detached houses are smaller than 16 SPRINGFIELD ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

16 SPRINGFIELD ROAD: Plot and Title Map

16 SPRINGFIELD ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 16 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 16 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 16 SPRINGFIELD ROAD?

16 SPRINGFIELD ROAD is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 16 on SPRINGFIELD ROAD.