2, FORD ROAD, BROMSGROVE, B61 7DF - £43,000

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 FORD ROAD is a very small terraced house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £194,742. It was last sold for £43,000 in August 1997, which was around 26% below the average August 1997 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

2 FORD ROAD Sold Prices

Land registry data shows two sales for 2 FORD 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 2 FORD ROAD 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
1997 1 AUG	£43,000	£58,235	26% below HPI
1995 26 MAY	£41,000	£51,562	20% below HPI

2 FORD 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 2 FORD ROAD sales from May 1995 and August 1997 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 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 1997 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 FORD ROAD be worth now?

2 FORD ROAD might now be worth an estimated £194,742.

This is based on house price inflation of 352.9%, between August 1997 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 352.9% inflationary increase is applied to the most recent sale price for 2 FORD ROAD of £43,000 on 1st August 1997. For the value to have increased from £43,000 to £194,742 over the 29 years and three months to May 2026, the following assumptions must hold true:

• The value of 2 FORD ROAD has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The August 1997 sale price of £43,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORD ROAD has not materially changed since August 1997.

How Large is 2 FORD ROAD?

2 FORD ROAD is 74m² according to the EPC inspection conducted in September 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 2 FORD ROAD lies on this distribution: 5% of terraced houses houses are smaller than 2 FORD ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2 FORD ROAD: Plot and Title Map

2 FORD ROAD sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 2 FORD 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 2 FORD 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 2 FORD ROAD?

2 FORD ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 2 on FORD ROAD.