2, SHERATON ROAD, BROMSGROVE, B60 2RT - £299,950

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 SHERATON ROAD is a midsized detached house of 127m², built sometime between 2003 and 2006, which could now be worth an estimated £463,626. It was last sold for £299,950 in May 2015, which was around 11% below the average May 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

2 SHERATON ROAD Sold Prices

Land registry data shows three sales for 2 SHERATON ROAD 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. Two of the three 2 SHERATON ROAD 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
2015 15 MAY	£299,950	£337,594	11% below HPI
2007 1 NOV	£297,613	£326,833	9% below HPI
2000 29 SEP	£179,995	£163,351	10% above HPI

2 SHERATON ROAD 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 2 SHERATON ROAD sales between September 2000 and May 2015 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 November 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 SHERATON ROAD be worth now?

2 SHERATON ROAD might now be worth an estimated £463,626.

This is based on house price inflation of 54.6%, between May 2015 and April 2026, for 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 54.6% inflationary increase is applied to the most recent sale price for 2 SHERATON ROAD of £299,950 on 15th May 2015. For the value to have increased from £299,950 to £463,626 over the eleven years and one month to April 2026, the following assumptions must hold true:

• The value of 2 SHERATON ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 2015 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 2 SHERATON ROAD has not materially changed since May 2015.

How Large is 2 SHERATON ROAD?

2 SHERATON ROAD is 127m² according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 2 SHERATON ROAD lies on this distribution: 59% of detached houses houses are smaller than 2 SHERATON ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2 SHERATON ROAD: Plot and Title Map

2 SHERATON ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 SHERATON 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 SHERATON 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 SHERATON ROAD?

2 SHERATON ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 2 on SHERATON ROAD.