6, SPRINGFIELD ROAD, WOLVERHAMPTON, WV10 0LJ - £155,000

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.

6 SPRINGFIELD ROAD is a small extended terraced house of 93m², built sometime between 1900 and 1929, which could now be worth an estimated £170,105. It was last sold for £155,000 in November 2022, which was around 8% below the average November 2022 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was F, and the potential energy rating was C.

6 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 6 SPRINGFIELD 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. All of the three 6 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
2022 25 NOV	£155,000	£168,304	8% below HPI
2017 10 FEB	£87,000	£110,008	21% below HPI
2005 27 JAN	£83,000	£92,293	10% below HPI

6 SPRINGFIELD 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 6 SPRINGFIELD ROAD sales between January 2005 and November 2022 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 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 6 SPRINGFIELD ROAD be worth now?

6 SPRINGFIELD ROAD might now be worth an estimated £170,105.

This is based on house price inflation of 9.7%, between November 2022 and April 2026, 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 9.7% inflationary increase is applied to the most recent sale price for 6 SPRINGFIELD ROAD of £155,000 on 25th November 2022. For the value to have increased from £155,000 to £170,105 over the four years and seven months to April 2026, the following assumptions must hold true:

• The value of 6 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The November 2022 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGFIELD ROAD has not materially changed since November 2022.

How Large is 6 SPRINGFIELD ROAD?

6 SPRINGFIELD ROAD is 93m², which includes three extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% 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 6 SPRINGFIELD ROAD lies on this distribution: 33% of terraced houses houses are smaller than 6 SPRINGFIELD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

6 SPRINGFIELD ROAD: Plot and Title Map

6 SPRINGFIELD ROAD sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 6 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 6 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 6 SPRINGFIELD ROAD?

6 SPRINGFIELD ROAD is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 6 on SPRINGFIELD ROAD.