22, SPRINGFIELD LANE, WOLVERHAMPTON, WV10 6PX - £225,000

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.

22 SPRINGFIELD LANE is a detached house, which could now be worth an estimated £405,901. It was last sold for £225,000 in December 2005, which was around 19% above the average December 2005 detached price in the Wolverhampton local authority area.

22 SPRINGFIELD LANE Sold Prices

Land registry data shows two sales for 22 SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. Both of the two 22 SPRINGFIELD 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
2005 12 DEC	£225,000	£189,866	19% above HPI
2001 23 NOV	£132,000	£101,035	31% above HPI

What might 22 SPRINGFIELD LANE be worth now?

22 SPRINGFIELD LANE might now be worth an estimated £405,901.

This is based on house price inflation of 80.4%, between December 2005 and April 2026, for 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 80.4% inflationary increase is applied to the most recent sale price for 22 SPRINGFIELD LANE of £225,000 on 12th December 2005. For the value to have increased from £225,000 to £405,901 over the 21 years and eight months to April 2026, the following assumptions must hold true:

• The value of 22 SPRINGFIELD LANE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The December 2005 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SPRINGFIELD LANE has not materially changed since December 2005.

Where is 22 SPRINGFIELD LANE?

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