2, FIRSWAY, WOLVERHAMPTON, WV6 8BJ - £315,000

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.

2 FIRSWAY is a midsized detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £496,020. It was last sold for £315,000 in July 2016, which was around 49% above the average July 2016 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

2 FIRSWAY Sold Prices

Land registry data shows two sales for 2 FIRSWAY 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 2 FIRSWAY 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
2016 26 JUL	£315,000	£211,850	49% above HPI
2003 5 MAR	£190,000	£137,742	38% above HPI

2 FIRSWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 2 FIRSWAY sales from March 2003 and July 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2016 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 2 FIRSWAY be worth now?

2 FIRSWAY might now be worth an estimated £496,020.

This is based on house price inflation of 57.5%, between July 2016 and February 2025, 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 57.5% inflationary increase is applied to the most recent sale price for 2 FIRSWAY of £315,000 on 26th July 2016. For the value to have increased from £315,000 to £496,020 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 2 FIRSWAY has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The July 2016 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FIRSWAY has not materially changed since July 2016.

How Large is 2 FIRSWAY?

2 FIRSWAY is 111m² according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolverhampton, and where 2 FIRSWAY lies on this distribution: 54% of detached houses houses are smaller than 2 FIRSWAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 FIRSWAY: Plot and Title Map

2 FIRSWAY sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 2 FIRSWAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 FIRSWAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 FIRSWAY?

2 FIRSWAY is located in WOLVERHAMPTON, in the WV6 postcode district. The below map shows the position of No. 2 on FIRSWAY.