16, KNOWESLEY CLOSE, BROMSGROVE, B60 2RG - £235,000

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 KNOWESLEY CLOSE is a very small terraced house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £239,228. It was last sold for £235,000 in August 2024, which was around 10% below the average August 2024 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

16 KNOWESLEY CLOSE Sold Prices

Land registry data shows three sales for 16 KNOWESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bromsgrove local authority area for the corresponding sale date. Two of the three 16 KNOWESLEY CLOSE sales were for below the average price, whilst one 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
2024 20 AUG	£235,000	£261,000	10% below HPI
2020 9 APR	£190,000	£212,901	11% below HPI
2000 12 MAY	£72,500	£71,382	2% above HPI

16 KNOWESLEY CLOSE 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 three 16 KNOWESLEY CLOSE sales between May 2000 and August 2024 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 2020 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 16 KNOWESLEY CLOSE be worth now?

16 KNOWESLEY CLOSE might now be worth an estimated £239,228.

This is based on house price inflation of 1.8%, between August 2024 and April 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 1.8% inflationary increase is applied to the most recent sale price for 16 KNOWESLEY CLOSE of £235,000 on 20th August 2024. For the value to have increased from £235,000 to £239,228 over the two years and four months to April 2026, the following assumptions must hold true:

• The value of 16 KNOWESLEY CLOSE has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The August 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 16 KNOWESLEY CLOSE has not materially changed since August 2024.

How Large is 16 KNOWESLEY CLOSE?

16 KNOWESLEY CLOSE is 52m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 KNOWESLEY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 16 KNOWESLEY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

16 KNOWESLEY CLOSE: Plot and Title Map

16 KNOWESLEY CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 16 KNOWESLEY 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 16 KNOWESLEY 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 16 KNOWESLEY CLOSE?

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