21, ASPENS WAY, BROMSGROVE, B61 0UW - £365,000

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.

21 ASPENS WAY is a small detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £426,574. It was last sold for £365,000 in September 2020, which was around 18% below the average September 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

21 ASPENS WAY Sold Prices

Land registry data shows four sales for 21 ASPENS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 21 ASPENS WAY 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
2020 22 SEP	£365,000	£447,717	18% below HPI
2014 2 MAY	£272,500	£329,861	17% below HPI
2004 21 APR	£248,500	£268,595	7% below HPI
2002 7 MAR	£175,995	£191,693	8% below HPI

21 ASPENS WAY 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 four 21 ASPENS WAY sales between March 2002 and September 2020 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 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 21 ASPENS WAY be worth now?

21 ASPENS WAY might now be worth an estimated £426,574.

This is based on house price inflation of 16.9%, between September 2020 and February 2025, 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 16.9% inflationary increase is applied to the most recent sale price for 21 ASPENS WAY of £365,000 on 22nd September 2020. For the value to have increased from £365,000 to £426,574 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 21 ASPENS WAY has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The September 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 21 ASPENS WAY has not materially changed since September 2020.

How Large is 21 ASPENS WAY?

21 ASPENS WAY is 110m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 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 21 ASPENS WAY lies on this distribution: 37% of detached houses houses are smaller than 21 ASPENS WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

21 ASPENS WAY: Plot and Title Map

21 ASPENS WAY sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 21 ASPENS WAY, 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 21 ASPENS WAY). 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 21 ASPENS WAY?

21 ASPENS WAY is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 21 on ASPENS WAY.