2, SOUTH ROAD, HAGLEY, STOURBRIDGE, DY9 0JT - £360,000

2 SOUTH ROAD is a small extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £360,000 in May 2013, which was around 17% above the average May 2013 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

2 SOUTH ROAD Sold Prices

Land registry data shows two sales for 2 SOUTH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 2 SOUTH 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
2013 16 MAY	£360,000	£308,016	17% above HPI
1999 16 JUL	£165,000	£137,285	20% above HPI

2 SOUTH 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 two 2 SOUTH ROAD sales from July 1999 and May 2013 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 July 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2013 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 SOUTH ROAD?

2 SOUTH ROAD is 125m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 30% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 2 SOUTH ROAD lies on this distribution: 27% of detached houses are smaller than 2 SOUTH ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Hagley.

2 SOUTH ROAD: Plot and Title Map

2 SOUTH ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 2 SOUTH 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 SOUTH 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 SOUTH ROAD?

2 SOUTH ROAD is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 2 on SOUTH ROAD.