FAIRWAYS, FINCHFIELD GARDENS, WOLVERHAMPTON, WV3 9LT - £306,500

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.

FAIRWAYS is a very large extended detached house of 160m², built sometime between 1950 and 1966, which could now be worth an estimated £535,879. It was last sold for £306,500 in September 2014, which was around 61% above the average September 2014 detached price in the Wolverhampton local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was D.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS 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 FAIRWAYS 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
2014 29 SEP	£306,500	£190,801	61% above HPI
2000 17 JUL	£179,000	£88,365	103% above HPI
1996 30 MAY	£137,500	£67,148	105% above HPI

FAIRWAYS 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 FAIRWAYS sales between May 1996 and September 2014 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 2000 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the September 2014 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might FAIRWAYS be worth now?

FAIRWAYS might now be worth an estimated £535,879.

This is based on house price inflation of 74.8%, between September 2014 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 74.8% inflationary increase is applied to the most recent sale price for FAIRWAYS of £306,500 on 29th September 2014. For the value to have increased from £306,500 to £535,879 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of FAIRWAYS has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The September 2014 sale price of £306,500 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAYS has not materially changed since September 2014.

How Large is FAIRWAYS?

FAIRWAYS is 160m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 20% 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 FAIRWAYS lies on this distribution: 83% of detached houses houses are smaller than FAIRWAYS, and 17% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on FINCHFIELD GARDENS in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of FAIRWAYS on FINCHFIELD GARDENS.