3, WHEELWRIGHT CLOSE, BROMSGROVE, B60 3PD - £382,000

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 WHEELWRIGHT CLOSE is a very large extended detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £495,300. It was last sold for £382,000 in January 2018, which was around 4% below the average January 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

3 WHEELWRIGHT CLOSE Sold Prices

Land registry data shows three sales for 3 WHEELWRIGHT CLOSE 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 WHEELWRIGHT CLOSE 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
2018 26 JAN	£382,000	£398,028	4% below HPI
2007 26 JAN	£240,000	£307,470	22% below HPI
2002 19 APR	£145,250	£190,226	24% below HPI

3 WHEELWRIGHT CLOSE 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 WHEELWRIGHT CLOSE sales between April 2002 and January 2018 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 January 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 WHEELWRIGHT CLOSE be worth now?

3 WHEELWRIGHT CLOSE might now be worth an estimated £495,300.

This is based on house price inflation of 29.7%, between January 2018 and March 2025, 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 29.7% inflationary increase is applied to the most recent sale price for 3 WHEELWRIGHT CLOSE of £382,000 on 26th January 2018. For the value to have increased from £382,000 to £495,300 over the six years and ten months to March 2025, the following assumptions must hold true:

• The value of 3 WHEELWRIGHT CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The January 2018 sale price of £382,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHEELWRIGHT CLOSE has not materially changed since January 2018.

How Large is 3 WHEELWRIGHT CLOSE?

3 WHEELWRIGHT CLOSE is 162m², which includes four extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% 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 WHEELWRIGHT CLOSE lies on this distribution: 84% of detached houses houses are smaller than 3 WHEELWRIGHT CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

3 WHEELWRIGHT CLOSE: Plot and Title Map

3 WHEELWRIGHT CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 3 WHEELWRIGHT CLOSE, 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 WHEELWRIGHT CLOSE). 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 WHEELWRIGHT CLOSE?

3 WHEELWRIGHT CLOSE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 3 on WHEELWRIGHT CLOSE.