88, SPRING LANE, WALSALL, WS4 1AT - £179,950

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.

88 SPRING LANE is a small terraced house of 94m², built sometime between 2007 and 2011, which could now be worth an estimated £252,542. It was last sold for £179,950 in April 2019, which was around 34% above the average April 2019 terraced price in the Walsall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

88 SPRING LANE Sold Prices

Land registry data shows two sales for 88 SPRING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Walsall local authority area for the corresponding sale date. Both of the two 88 SPRING LANE sales were 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
2019 26 APR	£179,950	£134,380	34% above HPI
2009 19 MAY	£147,950	£99,038	49% above HPI

88 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Walsall local authority area over time, sourced from the HPI. The two 88 SPRING LANE sales from May 2009 and April 2019 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 May 2009 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the April 2019 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 88 SPRING LANE be worth now?

88 SPRING LANE might now be worth an estimated £252,542.

This is based on house price inflation of 40.3%, between April 2019 and May 2026, for terraced houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.3% inflationary increase is applied to the most recent sale price for 88 SPRING LANE of £179,950 on 26th April 2019. For the value to have increased from £179,950 to £252,542 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 88 SPRING LANE has moved in line with the HPI for terraced houses in the Walsall local authority area.
• The April 2019 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 88 SPRING LANE has not materially changed since April 2019.

How Large is 88 SPRING LANE?

88 SPRING LANE is 94m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of terraced houses houses in Shelfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Shelfield, and where 88 SPRING LANE lies on this distribution: 29% of terraced houses houses are smaller than 88 SPRING LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Shelfield.

88 SPRING LANE: Plot and Title Map

88 SPRING LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 88 SPRING LANE, 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 88 SPRING LANE). 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 88 SPRING LANE?

88 SPRING LANE is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 88 on SPRING LANE.