23, COMPASS WAY, BROMSGROVE, B60 3GP - £472,000

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.

23 COMPASS WAY is a large detached house of 153m², built sometime between 2003 and 2006, which could now be worth an estimated £509,819. It was last sold for £472,000 in November 2021, which was around 1% below the average November 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

23 COMPASS WAY Sold Prices

Land registry data shows four sales for 23 COMPASS 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. Most of the four 23 COMPASS 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
2021 4 NOV	£472,000	£477,798	1% below HPI
2020 7 FEB	£390,000	£433,375	10% below HPI
2009 16 JAN	£260,000	£280,269	7% below HPI
2006 30 OCT	£325,000	£305,591	6% above HPI

23 COMPASS 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 23 COMPASS WAY sales between October 2006 and November 2021 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 February 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 23 COMPASS WAY be worth now?

23 COMPASS WAY might now be worth an estimated £509,819.

This is based on house price inflation of 8%, between November 2021 and March 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 8% inflationary increase is applied to the most recent sale price for 23 COMPASS WAY of £472,000 on 4th November 2021. For the value to have increased from £472,000 to £509,819 over the four years and eight months to March 2025, the following assumptions must hold true:

• The value of 23 COMPASS WAY has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The November 2021 sale price of £472,000 represented a fair market value for the property.
• The size, condition, and specification of 23 COMPASS WAY has not materially changed since November 2021.

How Large is 23 COMPASS WAY?

23 COMPASS WAY is 153m² according to the EPC inspection conducted in January 2020. This puts it in the largest 30% 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 23 COMPASS WAY lies on this distribution: 79% of detached houses houses are smaller than 23 COMPASS WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

23 COMPASS WAY: Plot and Title Map

23 COMPASS WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 23 COMPASS 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 23 COMPASS 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 23 COMPASS WAY?

23 COMPASS WAY is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 23 on COMPASS WAY.