7, SPRING MEADOW CLOSE, WOLVERHAMPTON, WV8 1GJ - £240,000

7 SPRING MEADOW CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £240,000 in February 2006, which was around 1% below the average February 2006 detached price in the South Staffordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

7 SPRING MEADOW CLOSE Sold Prices

Land registry data shows two sales for 7 SPRING MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. One of the two 7 SPRING MEADOW CLOSE sales was for below the average price, whilst the other was for above 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
2006 3 FEB	£240,000	£241,955	1% below HPI
2001 19 DEC	£182,500	£140,297	30% above HPI

7 SPRING MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The two 7 SPRING MEADOW CLOSE sales from December 2001 and February 2006 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 December 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2006 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 7 SPRING MEADOW CLOSE?

7 SPRING MEADOW CLOSE is 117m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Bilbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Bilbrook, and where 7 SPRING MEADOW CLOSE lies on this distribution: 41% of detached houses are smaller than 7 SPRING MEADOW CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Bilbrook.

7 SPRING MEADOW CLOSE: Plot and Title Map

7 SPRING MEADOW CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 7 SPRING MEADOW CLOSE, 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 7 SPRING MEADOW CLOSE). 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 7 SPRING MEADOW CLOSE?

7 SPRING MEADOW CLOSE is located in WOLVERHAMPTON, in the WV8 postcode district. The below map shows the position of No. 7 on SPRING MEADOW CLOSE.