3, SEDGE DRIVE, BROMSGROVE, B61 0UL - £149,000

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.

3 SEDGE DRIVE is a very small detached house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £251,019. It was last sold for £149,000 in June 2007, which was around 52% below the average June 2007 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

3 SEDGE DRIVE Sold Prices

Land registry data shows three sales for 3 SEDGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 3 SEDGE 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
2007 22 JUN	£149,000	£311,261	52% below HPI
2005 29 APR	£135,000	£285,313	53% below HPI
2001 31 AUG	£93,500	£177,410	47% below HPI

3 SEDGE 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 three 3 SEDGE DRIVE sales between August 2001 and June 2007 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 April 2005 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2007 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 3 SEDGE DRIVE be worth now?

3 SEDGE DRIVE might now be worth an estimated £251,019.

This is based on house price inflation of 68.5%, between June 2007 and July 2026, 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 68.5% inflationary increase is applied to the most recent sale price for 3 SEDGE DRIVE of £149,000 on 22nd June 2007. For the value to have increased from £149,000 to £251,019 over the eighteen years and eleven months to July 2026, the following assumptions must hold true:

• The value of 3 SEDGE DRIVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The June 2007 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SEDGE DRIVE has not materially changed since June 2007.

How Large is 3 SEDGE DRIVE?

3 SEDGE DRIVE is 58m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% 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 3 SEDGE DRIVE lies on this distribution: 1% of detached houses houses are smaller than 3 SEDGE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

3 SEDGE DRIVE: Plot and Title Map

3 SEDGE DRIVE sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 3 SEDGE 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 SEDGE 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 SEDGE DRIVE?

3 SEDGE DRIVE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 3 on SEDGE DRIVE.