3, GATE HOUSE LANE, BROMSGROVE, B60 3GA - £308,000

3 GATE HOUSE LANE is a midsized detached house of 113m², built sometime between 2003 and 2006. It was last sold for £308,000 in March 2016, which was around 15% below the average March 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

3 GATE HOUSE LANE Sold Prices

Land registry data shows four sales for 3 GATE HOUSE LANE 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 3 GATE HOUSE LANE 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
2016 30 MAR	£308,000	£360,961	15% below HPI
2013 3 OCT	£269,950	£312,322	14% below HPI
2004 30 SEP	£255,000	£276,274	8% below HPI
2003 10 OCT	£229,995	£255,342	10% below HPI

3 GATE HOUSE LANE 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 3 GATE HOUSE LANE sales between October 2003 and March 2016 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 October 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 GATE HOUSE LANE?

3 GATE HOUSE LANE is 113m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 50% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 3 GATE HOUSE LANE lies on this distribution: 41% of detached houses are smaller than 3 GATE HOUSE LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

3 GATE HOUSE LANE: Plot and Title Map

3 GATE HOUSE LANE sits on a plot of roughly 0.131 of an acre, or 528m². The below map shows the location of 3 GATE HOUSE LANE, 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 GATE HOUSE LANE). 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 GATE HOUSE LANE?

3 GATE HOUSE LANE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 3 on GATE HOUSE LANE.