27, SPRINGFIELD LANE, WOLVERHAMPTON, WV10 6PU - £266,000

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.

27 SPRINGFIELD LANE is a very small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £383,662. It was last sold for £266,000 in December 2018, which was around 12% above the average December 2018 detached price in the Wolverhampton local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

27 SPRINGFIELD LANE Sold Prices

Land registry data shows one sale for 27 SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2018 7 DEC	£266,000	£237,475	12% above HPI

What might 27 SPRINGFIELD LANE be worth now?

27 SPRINGFIELD LANE might now be worth an estimated £383,662.

This is based on house price inflation of 44.2%, between December 2018 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 44.2% inflationary increase is applied to the most recent sale price for 27 SPRINGFIELD LANE of £266,000 on 7th December 2018. For the value to have increased from £266,000 to £383,662 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 27 SPRINGFIELD LANE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The December 2018 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 27 SPRINGFIELD LANE has not materially changed since December 2018.

How Large is 27 SPRINGFIELD LANE?

27 SPRINGFIELD LANE is 80m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 27 SPRINGFIELD LANE lies on this distribution: 18% of detached houses are smaller than 27 SPRINGFIELD LANE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

27 SPRINGFIELD LANE: Plot

27 SPRINGFIELD LANE sits on a plot of roughly 0.169 of an acre, or 684m².

Where is 27 SPRINGFIELD LANE?

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