55, FINCHFIELD LANE, WOLVERHAMPTON, WV3 8EE - £285,000

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

55 FINCHFIELD LANE is a small detached house of 91m², built sometime between 1930 and 1949. It was last sold for £285,000 in August 2022, which was around 9% below the average August 2022 detached price in the Wolverhampton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

55 FINCHFIELD LANE Sold Prices

Land registry data shows three sales for 55 FINCHFIELD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 55 FINCHFIELD LANE sales were for below 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
2022 26 AUG	£285,000	£313,031	9% below HPI
2020 20 OCT	£241,000	£262,930	8% below HPI
2006 23 OCT	£150,000	£200,132	25% below HPI

55 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 three 55 FINCHFIELD LANE sales between October 2006 and August 2022 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 October 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 55 FINCHFIELD LANE?

55 FINCHFIELD LANE is 91m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 55 FINCHFIELD LANE lies on this distribution: 31% of detached houses are smaller than 55 FINCHFIELD LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

55 FINCHFIELD LANE: Plot and Title Map

55 FINCHFIELD LANE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 55 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 55 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 55 FINCHFIELD LANE?

55 FINCHFIELD LANE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 55 on FINCHFIELD LANE.