131 FINCHFIELD LANE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £195,000 in July 2015, which was about the average July 2015 detached price in the Wolverhampton local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 131 FINCHFIELD LANE since 1st 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. One of the two 131 FINCHFIELD LANE sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2015 31 JUL | £195,000 | £195,404 | Close to HPI |
2003 26 SEP | £195,000 | £151,841 | 28% above HPI |
The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The two 131 FINCHFIELD LANE sales from September 2003 and July 2015 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 September 2003 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
131 FINCHFIELD LANE is 78m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 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 131 FINCHFIELD LANE lies on this distribution: 16% of detached houses are smaller than 131 FINCHFIELD LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.
131 FINCHFIELD LANE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 131 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 131 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.
131 FINCHFIELD LANE is located in WOLVERHAMPTON, in the WV3 postcode district. The below map shows the position of No. 131 on FINCHFIELD LANE.