18, SPRINGHILL LANE, WOLVERHAMPTON, WV4 4SH - £167,000

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.

18 SPRINGHILL LANE is a midsized semi-detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £239,770. It was last sold for £167,000 in November 2019, which was around 4% above the average November 2019 semi-detached price in the Wolverhampton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

18 SPRINGHILL LANE Sold Prices

Land registry data shows one sale for 18 SPRINGHILL 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
2019 21 NOV	£167,000	£160,115	4% above HPI

What might 18 SPRINGHILL LANE be worth now?

18 SPRINGHILL LANE might now be worth an estimated £239,770.

This is based on house price inflation of 43.6%, between November 2019 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 43.6% inflationary increase is applied to the most recent sale price for 18 SPRINGHILL LANE of £167,000 on 21st November 2019. For the value to have increased from £167,000 to £239,770 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of 18 SPRINGHILL LANE has moved in line with the HPI for semi-detached houses in the Wolverhampton local authority area.
• The November 2019 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SPRINGHILL LANE has not materially changed since November 2019.

How Large is 18 SPRINGHILL LANE?

18 SPRINGHILL LANE is 81m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 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 18 SPRINGHILL LANE lies on this distribution: 41% of semi-detached houses are smaller than 18 SPRINGHILL LANE, and 57% of semi-detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

18 SPRINGHILL LANE: Plot

18 SPRINGHILL LANE sits on a plot of roughly 0.068 of an acre, or 276m².

Where is 18 SPRINGHILL LANE?

18 SPRINGHILL LANE is located in WOLVERHAMPTON, in the WV4 postcode district.