31, SPRINGFIELD DRIVE, HALESOWEN, B62 8EU - £198,000

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.

31 SPRINGFIELD DRIVE is a small extended detached house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £335,147. It was last sold for £198,000 in November 2014, which was around 4% below the average November 2014 detached price in the Dudley local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

31 SPRINGFIELD DRIVE Sold Prices

Land registry data shows two sales for 31 SPRINGFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 31 SPRINGFIELD DRIVE 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
2014 27 NOV	£198,000	£206,219	4% below HPI
2010 12 FEB	£151,500	£194,654	22% below HPI

31 SPRINGFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 31 SPRINGFIELD DRIVE sales from February 2010 and November 2014 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 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 31 SPRINGFIELD DRIVE be worth now?

31 SPRINGFIELD DRIVE might now be worth an estimated £335,147.

This is based on house price inflation of 69.3%, between November 2014 and March 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.3% inflationary increase is applied to the most recent sale price for 31 SPRINGFIELD DRIVE of £198,000 on 27th November 2014. For the value to have increased from £198,000 to £335,147 over the eleven years and eight months to March 2025, the following assumptions must hold true:

• The value of 31 SPRINGFIELD DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The November 2014 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SPRINGFIELD DRIVE has not materially changed since November 2014.

How Large is 31 SPRINGFIELD DRIVE?

31 SPRINGFIELD DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 31 SPRINGFIELD DRIVE lies on this distribution: 34% of detached houses houses are smaller than 31 SPRINGFIELD DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

31 SPRINGFIELD DRIVE: Plot and Title Map

31 SPRINGFIELD DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 31 SPRINGFIELD DRIVE, 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 SPRINGFIELD DRIVE). 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 SPRINGFIELD DRIVE?

31 SPRINGFIELD DRIVE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 31 on SPRINGFIELD DRIVE.