98, SPRINGHILL LANE, WOLVERHAMPTON, WV4 4TJ - £320,000

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.

98 SPRINGHILL LANE is a large extended detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £564,818. It was last sold for £320,000 in November 2012, which was around 25% above the average November 2012 detached price in the South Staffordshire local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

98 SPRINGHILL LANE Sold Prices

Land registry data shows one sale for 98 SPRINGHILL 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 South Staffordshire 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
2012 29 NOV	£320,000	£255,796	25% above HPI

What might 98 SPRINGHILL LANE be worth now?

98 SPRINGHILL LANE might now be worth an estimated £564,818.

This is based on house price inflation of 76.5%, between November 2012 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 76.5% inflationary increase is applied to the most recent sale price for 98 SPRINGHILL LANE of £320,000 on 29th November 2012. For the value to have increased from £320,000 to £564,818 over the fourteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 98 SPRINGHILL LANE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The November 2012 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 98 SPRINGHILL LANE has not materially changed since November 2012.

How Large is 98 SPRINGHILL LANE?

98 SPRINGHILL LANE is 144m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 30% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 98 SPRINGHILL LANE lies on this distribution: 77% of detached houses are smaller than 98 SPRINGHILL LANE, and 23% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

98 SPRINGHILL LANE: Plot

98 SPRINGHILL LANE sits on a plot of roughly 0.166 of an acre, or 671m².

Where is 98 SPRINGHILL LANE?

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