15, FIRS CLOSE, MARLBROOK, BROMSGROVE, B60 1DR - £390,200

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 FIRS CLOSE is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £390,200 in December 2019, which was around 11% below the average December 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

15 FIRS CLOSE Sold Prices

Land registry data shows three sales for 15 FIRS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 15 FIRS CLOSE sales were for below 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
2019 10 DEC	£390,200	£437,542	11% below HPI
2009 22 MAY	£195,000	£277,983	30% below HPI
2003 13 MAR	£170,000	£228,921	26% below HPI

15 FIRS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 15 FIRS CLOSE sales between March 2003 and December 2019 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 May 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 15 FIRS CLOSE?

15 FIRS CLOSE is 131m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Marlbrook, and where 15 FIRS CLOSE lies on this distribution: 68% of detached houses are smaller than 15 FIRS CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

15 FIRS CLOSE: Plot and Title Map

15 FIRS CLOSE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 15 FIRS CLOSE, 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 15 FIRS CLOSE). 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 15 FIRS CLOSE?

15 FIRS CLOSE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 15 on FIRS CLOSE.