3, COTTAGE DRIVE, MARLBROOK, BROMSGROVE, B60 1DN - £217,500

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.

3 COTTAGE DRIVE is a very small semi-detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £328,311. It was last sold for £217,500 in October 2015, which was around 1% above the average October 2015 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

3 COTTAGE DRIVE Sold Prices

Land registry data shows two sales for 3 COTTAGE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. One of the two 3 COTTAGE DRIVE sales was for above the average price, whilst the other was 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
2015 12 OCT	£217,500	£214,721	1% above HPI
2014 20 JUN	£172,500	£198,559	13% below HPI

3 COTTAGE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 3 COTTAGE DRIVE sales from June 2014 and October 2015 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 June 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2015 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 COTTAGE DRIVE be worth now?

3 COTTAGE DRIVE might now be worth an estimated £328,311.

This is based on house price inflation of 50.9%, between October 2015 and April 2026, for semi-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 50.9% inflationary increase is applied to the most recent sale price for 3 COTTAGE DRIVE of £217,500 on 12th October 2015. For the value to have increased from £217,500 to £328,311 over the eleven years and six months to April 2026, the following assumptions must hold true:

• The value of 3 COTTAGE DRIVE has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The October 2015 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 3 COTTAGE DRIVE has not materially changed since October 2015.

How Large is 3 COTTAGE DRIVE?

3 COTTAGE DRIVE is 91m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of semi-detached houses houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lower Marlbrook, and where 3 COTTAGE DRIVE lies on this distribution: 20% of semi-detached houses houses are smaller than 3 COTTAGE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

3 COTTAGE DRIVE: Plot and Title Map

3 COTTAGE DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 3 COTTAGE DRIVE, 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 3 COTTAGE DRIVE). 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 3 COTTAGE DRIVE?

3 COTTAGE DRIVE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 3 on COTTAGE DRIVE.