3, THE PADDOCK, STOKE HEATH, BROMSGROVE, B60 3QY - £250,000

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 THE PADDOCK is a very small extended detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £310,080. It was last sold for £250,000 in May 2018, which was around 40% below the average May 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

3 THE PADDOCK Sold Prices

Land registry data shows one sale for 3 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 25 MAY	£250,000	£416,185	40% below HPI

What might 3 THE PADDOCK be worth now?

3 THE PADDOCK might now be worth an estimated £310,080.

This is based on house price inflation of 24%, between May 2018 and May 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 24% inflationary increase is applied to the most recent sale price for 3 THE PADDOCK of £250,000 on 25th May 2018. For the value to have increased from £250,000 to £310,080 over the eight years to May 2026, the following assumptions must hold true:

• The value of 3 THE PADDOCK has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PADDOCK has not materially changed since May 2018.

How Large is 3 THE PADDOCK?

3 THE PADDOCK is 86m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% 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 THE PADDOCK lies on this distribution: 12% of detached houses are smaller than 3 THE PADDOCK, and 88% of detached houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

3 THE PADDOCK: Plot

3 THE PADDOCK sits on a plot of roughly 0.058 of an acre, or 234m².

Where is 3 THE PADDOCK?

3 THE PADDOCK is located in STOKE HEATH, in the B60 postcode district.