6, BROADWAY, FINCHFIELD, WOLVERHAMPTON, WV3 9HQ - £165,000

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.

6 BROADWAY is a very small terraced house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £237,650. It was last sold for £165,000 in November 2018, which was around 36% above the average November 2018 terraced price in the Wolverhampton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

6 BROADWAY Sold Prices

Land registry data shows three sales for 6 BROADWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Wolverhampton local authority area for the corresponding sale date. All of the three 6 BROADWAY 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
2018 26 NOV	£165,000	£121,620	36% above HPI
2017 15 JUN	£150,000	£112,441	33% above HPI
1996 8 MAR	£54,000	£31,817	70% above HPI

6 BROADWAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 6 BROADWAY sales between March 1996 and November 2018 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 June 2017 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the November 2018 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 6 BROADWAY be worth now?

6 BROADWAY might now be worth an estimated £237,650.

This is based on house price inflation of 44%, between November 2018 and July 2025, for terraced 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 44% inflationary increase is applied to the most recent sale price for 6 BROADWAY of £165,000 on 26th November 2018. For the value to have increased from £165,000 to £237,650 over the seven years and four months to July 2025, the following assumptions must hold true:

• The value of 6 BROADWAY has moved in line with the HPI for terraced houses in the Wolverhampton local authority area.
• The November 2018 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BROADWAY has not materially changed since November 2018.

How Large is 6 BROADWAY?

6 BROADWAY is 73m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of terraced houses houses in Wolverhampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wolverhampton, and where 6 BROADWAY lies on this distribution: 11% of terraced houses houses are smaller than 6 BROADWAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

6 BROADWAY: Plot and Title Map

6 BROADWAY sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 6 BROADWAY, 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 6 BROADWAY). 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 6 BROADWAY?

6 BROADWAY is located in FINCHFIELD, in the WV3 postcode district. The below map shows the position of No. 6 on BROADWAY.