42, SPRINGFIELD LANE, WOLVERHAMPTON, WV10 6PF - £215,000

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.

42 SPRINGFIELD LANE is a midsized extended semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £353,040. It was last sold for £215,000 in May 2017, which was around 54% above the average May 2017 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

42 SPRINGFIELD LANE Sold Prices

Land registry data shows one sale for 42 SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 17 MAY	£215,000	£139,999	54% above HPI

What might 42 SPRINGFIELD LANE be worth now?

42 SPRINGFIELD LANE might now be worth an estimated £353,040.

This is based on house price inflation of 64.2%, between May 2017 and April 2026, for semi-detached 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 64.2% inflationary increase is applied to the most recent sale price for 42 SPRINGFIELD LANE of £215,000 on 17th May 2017. For the value to have increased from £215,000 to £353,040 over the nine years and one month to April 2026, the following assumptions must hold true:

• The value of 42 SPRINGFIELD LANE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The May 2017 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SPRINGFIELD LANE has not materially changed since May 2017.

How Large is 42 SPRINGFIELD LANE?

42 SPRINGFIELD LANE is 86m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 50% of semi-detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Wolverhampton, and where 42 SPRINGFIELD LANE lies on this distribution: 55% of semi-detached houses are smaller than 42 SPRINGFIELD LANE, and 43% of semi-detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

42 SPRINGFIELD LANE: Plot

42 SPRINGFIELD LANE sits on a plot of roughly 0.077 of an acre, or 312m².

Where is 42 SPRINGFIELD LANE?

42 SPRINGFIELD LANE is located in WOLVERHAMPTON, in the WV10 postcode district.