31, BROMLEY, BRIERLEY HILL, DY5 4PH - £112,500

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.

31 BROMLEY is a very small extended terraced house of 62m², built sometime between 1983 and 1990, which could now be worth an estimated £169,529. It was last sold for £112,500 in January 2018, which was around 15% below the average January 2018 terraced price in the Dudley local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

31 BROMLEY Sold Prices

Land registry data shows two sales for 31 BROMLEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Dudley local authority area for the corresponding sale date. Both of the two 31 BROMLEY 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 19 JAN	£112,500	£132,090	15% below HPI
2000 17 JUL	£39,000	£48,049	19% below HPI

31 BROMLEY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dudley local authority area over time, sourced from the HPI. The two 31 BROMLEY sales from July 2000 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 July 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 31 BROMLEY be worth now?

31 BROMLEY might now be worth an estimated £169,529.

This is based on house price inflation of 50.7%, between January 2018 and May 2026, for terraced houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for 31 BROMLEY of £112,500 on 19th January 2018. For the value to have increased from £112,500 to £169,529 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 31 BROMLEY has moved in line with the HPI for terraced houses in the Dudley local authority area.
• The January 2018 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 31 BROMLEY has not materially changed since January 2018.

How Large is 31 BROMLEY?

31 BROMLEY is 62m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of terraced houses houses in Kingswinford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kingswinford, and where 31 BROMLEY lies on this distribution: 6% of terraced houses houses are smaller than 31 BROMLEY, and 93% of houses are larger. Note that EPC data is not available for all properties in Kingswinford.

31 BROMLEY: Plot and Title Map

31 BROMLEY sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 31 BROMLEY, 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 31 BROMLEY). 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 31 BROMLEY?

31 BROMLEY is located in BRIERLEY HILL, in the DY5 postcode district. The below map shows the position of No. 31 on BROMLEY.