51, FINCHFIELD LANE, WOLVERHAMPTON, WV3 8EE - £575,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

51 FINCHFIELD LANE is a very large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £575,000 in June 2024, which was around 74% above the average June 2024 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

51 FINCHFIELD LANE Sold Prices

Land registry data shows four sales for 51 FINCHFIELD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the four 51 FINCHFIELD 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
2024 10 JUN	£575,000	£329,792	74% above HPI
2019 8 MAR	£360,000	£243,365	48% above HPI
2012 24 FEB	£280,000	£182,162	54% above HPI
2003 15 AUG	£185,000	£149,862	23% above HPI

51 FINCHFIELD LANE 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 four 51 FINCHFIELD LANE sales between August 2003 and June 2024 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 2019 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2024 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 51 FINCHFIELD LANE?

51 FINCHFIELD LANE is 162m², which includes three extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 20% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 51 FINCHFIELD LANE lies on this distribution: 84% of detached houses are smaller than 51 FINCHFIELD LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

51 FINCHFIELD LANE: Plot and Title Map

51 FINCHFIELD LANE sits on a plot of roughly 0.127 of an acre, or 512m². The below map shows the location of 51 FINCHFIELD LANE, 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 51 FINCHFIELD LANE). 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 51 FINCHFIELD LANE?

51 FINCHFIELD LANE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 51 on FINCHFIELD LANE.