59, SPRINGHILL LANE, WOLVERHAMPTON, WV4 4TN - £675,000

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.

59 SPRINGHILL LANE is a detached house, which could now be worth an estimated £842,270. It was last sold for £675,000 in May 2021, which was around 87% above the average May 2021 detached price in the South Staffordshire local authority area.

59 SPRINGHILL LANE Sold Prices

Land registry data shows two sales for 59 SPRINGHILL 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 South Staffordshire local authority area for the corresponding sale date. Both of the two 59 SPRINGHILL 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
2021 6 MAY	£675,000	£361,830	87% above HPI
2005 18 MAR	£420,000	£238,154	76% above HPI

What might 59 SPRINGHILL LANE be worth now?

59 SPRINGHILL LANE might now be worth an estimated £842,270.

This is based on house price inflation of 24.8%, between May 2021 and April 2026, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.8% inflationary increase is applied to the most recent sale price for 59 SPRINGHILL LANE of £675,000 on 6th May 2021. For the value to have increased from £675,000 to £842,270 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 59 SPRINGHILL LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The May 2021 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 59 SPRINGHILL LANE has not materially changed since May 2021.

Where is 59 SPRINGHILL LANE?

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