5, FINCHAM CLOSE, WOLVERHAMPTON, WV9 5RT - £237,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FINCHAM CLOSE is a midsized detached house of 114m², built sometime between 1991 and 1995, which could now be worth an estimated £355,830. It was last sold for £237,500 in September 2017, which was around 7% above the average September 2017 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

5 FINCHAM CLOSE Sold Prices

Land registry data shows two sales for 5 FINCHAM CLOSE 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 5 FINCHAM CLOSE 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
2017 1 SEP	£237,500	£222,658	7% above HPI
2003 24 JUL	£149,950	£147,240	2% above HPI

5 FINCHAM CLOSE 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 5 FINCHAM CLOSE sales from July 2003 and September 2017 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 July 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 FINCHAM CLOSE be worth now?

5 FINCHAM CLOSE might now be worth an estimated £355,830.

This is based on house price inflation of 49.8%, between September 2017 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 49.8% inflationary increase is applied to the most recent sale price for 5 FINCHAM CLOSE of £237,500 on 1st September 2017. For the value to have increased from £237,500 to £355,830 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 FINCHAM CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The September 2017 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 5 FINCHAM CLOSE has not materially changed since September 2017.

How Large is 5 FINCHAM CLOSE?

5 FINCHAM CLOSE is 114m² according to the EPC inspection conducted in May 2017. 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 5 FINCHAM CLOSE lies on this distribution: 57% of detached houses houses are smaller than 5 FINCHAM CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

5 FINCHAM CLOSE: Plot and Title Map

5 FINCHAM CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 5 FINCHAM CLOSE, 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 5 FINCHAM CLOSE). 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 5 FINCHAM CLOSE?

5 FINCHAM CLOSE is located in WOLVERHAMPTON, in the WV9 postcode district. The below map shows the position of No. 5 on FINCHAM CLOSE.