WASHINGTON COTTAGE, FINCHFIELD GARDENS, WOLVERHAMPTON, WV3 9LT - £452,500

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.

WASHINGTON COTTAGE is a large extended detached house of 139m², built sometime between 1900 and 1929, which could now be worth an estimated £798,301. It was last sold for £452,500 in June 2010, which was around 149% above the average June 2010 detached price in the Wolverhampton local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was E.

WASHINGTON COTTAGE Sold Prices

Land registry data shows three sales for WASHINGTON COTTAGE 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 WASHINGTON COTTAGE 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
2010 30 JUN	£452,500	£181,489	149% above HPI
2002 29 AUG	£350,000	£120,571	190% above HPI
1997 29 AUG	£185,000	£72,484	155% above HPI

WASHINGTON COTTAGE 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 WASHINGTON COTTAGE sales between August 1997 and June 2010 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 August 2002 sale was for 190% above the HPI. So the extrapolation line tracks at 190% above the HPI over time, until the June 2010 sale, where it falls to 149% above the HPI. The line then continues to track at 149% above the HPI.

What might WASHINGTON COTTAGE be worth now?

WASHINGTON COTTAGE might now be worth an estimated £798,301.

This is based on house price inflation of 76.4%, between June 2010 and June 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 76.4% inflationary increase is applied to the most recent sale price for WASHINGTON COTTAGE of £452,500 on 30th June 2010. For the value to have increased from £452,500 to £798,301 over the fifteen years to June 2025, the following assumptions must hold true:

• The value of WASHINGTON COTTAGE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The June 2010 sale price of £452,500 represented a fair market value for the property.
• The size, condition, and specification of WASHINGTON COTTAGE has not materially changed since June 2010.

How Large is WASHINGTON COTTAGE?

WASHINGTON COTTAGE is 139m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 30% 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 WASHINGTON COTTAGE lies on this distribution: 75% of detached houses houses are smaller than WASHINGTON COTTAGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

WASHINGTON COTTAGE: Plot and Title Map

WASHINGTON COTTAGE sits on a plot of roughly 0.549 of an acre, or 2,221m². The below map shows the location of WASHINGTON COTTAGE, 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 WASHINGTON COTTAGE). 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 WASHINGTON COTTAGE?

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