2, FINCHAM CLOSE, WOLVERHAMPTON, WV9 5RT - £245,000

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.

2 FINCHAM CLOSE is a small extended detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £322,084. It was last sold for £245,000 in January 2021, which was around 6% below the average January 2021 detached price in the Wolverhampton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 FINCHAM CLOSE Sold Prices

Land registry data shows one sale for 2 FINCHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 8 JAN	£245,000	£261,535	6% below HPI

What might 2 FINCHAM CLOSE be worth now?

2 FINCHAM CLOSE might now be worth an estimated £322,084.

This is based on house price inflation of 31.5%, between January 2021 and May 2026, 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 31.5% inflationary increase is applied to the most recent sale price for 2 FINCHAM CLOSE of £245,000 on 8th January 2021. For the value to have increased from £245,000 to £322,084 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 FINCHAM CLOSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The January 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FINCHAM CLOSE has not materially changed since January 2021.

How Large is 2 FINCHAM CLOSE?

2 FINCHAM CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 2 FINCHAM CLOSE lies on this distribution: 35% of detached houses are smaller than 2 FINCHAM CLOSE, and 64% of detached houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

2 FINCHAM CLOSE: Plot

2 FINCHAM CLOSE sits on a plot of roughly 0.061 of an acre, or 248m².

Where is 2 FINCHAM CLOSE?

2 FINCHAM CLOSE is located in WOLVERHAMPTON, in the WV9 postcode district.