16, BRIDGE ROAD, BROMSGROVE, B60 3GT - £224,000

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.

16 BRIDGE ROAD is a small terraced house of 98m², built sometime from 2007 onwards, which could now be worth an estimated £281,419. It was last sold for £224,000 in October 2018, which was around 7% above the average October 2018 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was November 2009, where the current energy rating was B, and the potential energy rating was B.

16 BRIDGE ROAD Sold Prices

Land registry data shows two sales for 16 BRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 16 BRIDGE ROAD 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 12 OCT	£224,000	£209,928	7% above HPI
2007 20 APR	£182,000	£160,016	14% above HPI

16 BRIDGE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 16 BRIDGE ROAD sales from April 2007 and October 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 April 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 16 BRIDGE ROAD be worth now?

16 BRIDGE ROAD might now be worth an estimated £281,419.

This is based on house price inflation of 25.6%, between October 2018 and May 2026, for terraced houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.6% inflationary increase is applied to the most recent sale price for 16 BRIDGE ROAD of £224,000 on 12th October 2018. For the value to have increased from £224,000 to £281,419 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 16 BRIDGE ROAD has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The October 2018 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BRIDGE ROAD has not materially changed since October 2018.

How Large is 16 BRIDGE ROAD?

16 BRIDGE ROAD is 98m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 30% of terraced houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bromsgrove, and where 16 BRIDGE ROAD lies on this distribution: 22% of terraced houses houses are smaller than 16 BRIDGE ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

16 BRIDGE ROAD: Plot and Title Map

16 BRIDGE ROAD sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 16 BRIDGE ROAD, 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 16 BRIDGE ROAD). 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 16 BRIDGE ROAD?

16 BRIDGE ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 16 on BRIDGE ROAD.