19, BRACES LANE, MARLBROOK, BROMSGROVE, B60 1ED - £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.

19 BRACES LANE is a very small extended semi-detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £291,669. It was last sold for £235,000 in August 2018, which was around 10% below the average August 2018 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

19 BRACES LANE Sold Prices

Land registry data shows four sales for 19 BRACES LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. Two of the four 19 BRACES LANE 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
2018 6 AUG	£235,000	£261,143	10% below HPI
2015 1 OCT	£209,950	£214,721	2% below HPI
1998 18 SEP	£76,950	£76,901	Close to HPI
1995 4 AUG	£64,000	£63,095	1% above HPI

19 BRACES LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 19 BRACES LANE sales between August 1995 and August 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 October 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 19 BRACES LANE be worth now?

19 BRACES LANE might now be worth an estimated £291,669.

This is based on house price inflation of 24.1%, between August 2018 and April 2026, for semi-detached 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 24.1% inflationary increase is applied to the most recent sale price for 19 BRACES LANE of £235,000 on 6th August 2018. For the value to have increased from £235,000 to £291,669 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 19 BRACES LANE has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The August 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 19 BRACES LANE has not materially changed since August 2018.

How Large is 19 BRACES LANE?

19 BRACES LANE is 87m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of semi-detached houses houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lower Marlbrook, and where 19 BRACES LANE lies on this distribution: 18% of semi-detached houses houses are smaller than 19 BRACES LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

19 BRACES LANE: Plot and Title Map

19 BRACES LANE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 19 BRACES LANE, 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 19 BRACES LANE). 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 19 BRACES LANE?

19 BRACES LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 19 on BRACES LANE.