2B, KING EDWARD ROAD, BROMSGROVE, B61 8SR - £317,300

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.

2B KING EDWARD ROAD is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £361,672. It was last sold for £317,300 in June 2021, which was around 31% below the average June 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2B KING EDWARD ROAD Sold Prices

Land registry data shows five sales for 2B KING EDWARD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the five 2B KING EDWARD ROAD 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 30 JUN	£317,300	£459,050	31% below HPI
2018 29 MAR	£250,000	£406,160	38% below HPI
2007 19 JAN	£205,000	£307,470	33% below HPI
2003 14 NOV	£180,000	£256,493	30% below HPI
1999 16 SEP	£72,000	£145,015	50% below HPI

2B KING EDWARD 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 five 2B KING EDWARD ROAD sales between September 1999 and June 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 March 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2B KING EDWARD ROAD be worth now?

2B KING EDWARD ROAD might now be worth an estimated £361,672.

This is based on house price inflation of 14%, between June 2021 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 14% inflationary increase is applied to the most recent sale price for 2B KING EDWARD ROAD of £317,300 on 30th June 2021. For the value to have increased from £317,300 to £361,672 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2B KING EDWARD ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The June 2021 sale price of £317,300 represented a fair market value for the property.
• The size, condition, and specification of 2B KING EDWARD ROAD has not materially changed since June 2021.

How Large is 2B KING EDWARD ROAD?

2B KING EDWARD ROAD is 97m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 2B KING EDWARD ROAD lies on this distribution: 21% of detached houses houses are smaller than 2B KING EDWARD ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2B KING EDWARD ROAD: Plot and Title Map

2B KING EDWARD ROAD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 2B KING EDWARD 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 2B KING EDWARD 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 2B KING EDWARD ROAD?

2B KING EDWARD ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 2B on KING EDWARD ROAD.