2, THE BRIARS, HAGLEY, STOURBRIDGE, DY9 0GB - £108,000

2 THE BRIARS is a very small detached house of 54m², built sometime between 1996 and 2002. It was last sold for £108,000 in July 2002, which was around 47% below the average July 2002 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

2 THE BRIARS Sold Prices

Land registry data shows three sales for 2 THE BRIARS 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. All of the three 2 THE BRIARS 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
2002 15 JUL	£108,000	£204,775	47% below HPI
1999 26 MAR	£65,000	£135,846	52% below HPI
1997 22 APR	£59,950	£114,197	48% below HPI

2 THE BRIARS 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 THE BRIARS sales between April 1997 and July 2002 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 March 1999 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2002 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 THE BRIARS?

2 THE BRIARS is 54m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% 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 THE BRIARS lies on this distribution: Less than 1% of detached houses are smaller than 2 THE BRIARS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hagley.

2 THE BRIARS: Plot and Title Map

2 THE BRIARS sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 2 THE BRIARS, 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 THE BRIARS). 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 THE BRIARS?

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