3, MILESTONE DRIVE, HAGLEY, STOURBRIDGE, DY9 0LP - £355,000

3 MILESTONE DRIVE is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £355,000 in February 2023, which was around 34% below the average February 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

3 MILESTONE DRIVE Sold Prices

Land registry data shows two sales for 3 MILESTONE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 3 MILESTONE DRIVE 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
2023 13 FEB	£355,000	£534,231	34% below HPI
1996 30 SEP	£77,500	£109,664	29% below HPI

3 MILESTONE DRIVE 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 two 3 MILESTONE DRIVE sales from September 1996 and February 2023 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 September 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 MILESTONE DRIVE?

3 MILESTONE DRIVE is 76m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 3 MILESTONE DRIVE lies on this distribution: 4% of detached houses are smaller than 3 MILESTONE DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hagley.

3 MILESTONE DRIVE: Plot and Title Map

3 MILESTONE DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 3 MILESTONE 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 MILESTONE 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 MILESTONE DRIVE?

3 MILESTONE DRIVE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 3 on MILESTONE DRIVE.