31, SPRING ROAD, ETTINGSHALL, WOLVERHAMPTON, WV4 6LQ - £112,500

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.

31 SPRING ROAD is a midsized extended terraced house of 113m², built sometime between 1900 and 1929, which could now be worth an estimated £175,173. It was last sold for £112,500 in October 2016, which was around 2% above the average October 2016 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

31 SPRING ROAD Sold Prices

Land registry data shows three sales for 31 SPRING ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. One of the three 31 SPRING ROAD sales was for above the average price, whilst two 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
2016 7 OCT	£112,500	£109,833	2% above HPI
2007 12 OCT	£98,000	£115,102	15% below HPI
2001 9 JUL	£24,000	£44,967	47% below HPI

31 SPRING ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 31 SPRING ROAD sales between July 2001 and October 2016 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 October 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2016 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 31 SPRING ROAD be worth now?

31 SPRING ROAD might now be worth an estimated £175,173.

This is based on house price inflation of 55.7%, between October 2016 and June 2025, for terraced houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.7% inflationary increase is applied to the most recent sale price for 31 SPRING ROAD of £112,500 on 7th October 2016. For the value to have increased from £112,500 to £175,173 over the nine years and four months to June 2025, the following assumptions must hold true:

• The value of 31 SPRING ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The October 2016 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 31 SPRING ROAD has not materially changed since October 2016.

How Large is 31 SPRING ROAD?

31 SPRING ROAD is 113m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of terraced houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wolverhampton, and where 31 SPRING ROAD lies on this distribution: 56% of terraced houses houses are smaller than 31 SPRING ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

31 SPRING ROAD: Plot and Title Map

31 SPRING ROAD sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 31 SPRING 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 31 SPRING 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 31 SPRING ROAD?

31 SPRING ROAD is located in ETTINGSHALL, in the WV4 postcode district. The below map shows the position of No. 31 on SPRING ROAD.