1 Springhill Lane

    1, SPRINGHILL LANE, WOLVERHAMPTON, WV4 4SH

    This detached freehold property on Springhill Lane last sold in June 2023 for £355,000. Based on price growth in the WV4 district since then, its estimated current value is £336,984 — placing it in the 57th percentile nationally and the 81st percentile within WV4. The property covers 113 m² (1,216 sq ft), giving an estimated value of £2,982 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,216 sq ft

    113 m²

    Last Sale Price

    £355,000

    Jun 2023

    Estimated Valuation

    £336,984

    Est. £/sq ft

    £277/sq ft

    £2,982/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,216 sq ft (113 m²)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Jun 2023

    £355,000

    2 May 2003

    £235,000

    Key Metrics

    Estimated valuation£336,984
    Value per sq ft / m²£277/sq ft (£2,982/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    WV4 district percentile81st percentile
    National percentile57th percentile

    District Context — WV4

    WV4 covers central and eastern parts of Wolverhampton, including areas such as Bilston and Penn, situated in the West Midlands. The district offers a mix of residential neighbourhoods with good transport links and diverse housing stock, appealing to families and investors seeking affordable urban living.

    Average Property Price - WV4

    £257,731

    30

    National percentile

    Average Net Household Income - WV4

    £35,762

    36

    National percentile

    10-Year Annualised Price Growth - WV4

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - WV

    4.8%

    92

    National percentile

    View full analysis for WV4

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