39, PINE GROVE, LICKEY, BIRMINGHAM, B45 8HE - £425,000

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.

39 PINE GROVE is a very small extended detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £505,076. It was last sold for £425,000 in August 2019, which was around 3% below the average August 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

39 PINE GROVE Sold Prices

Land registry data shows two sales for 39 PINE GROVE 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 39 PINE GROVE 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
2019 9 AUG	£425,000	£439,083	3% below HPI
2016 13 JUN	£319,950	£373,838	14% below HPI

39 PINE GROVE 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 39 PINE GROVE sales from June 2016 and August 2019 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 June 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 39 PINE GROVE be worth now?

39 PINE GROVE might now be worth an estimated £505,076.

This is based on house price inflation of 18.8%, between August 2019 and April 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 18.8% inflationary increase is applied to the most recent sale price for 39 PINE GROVE of £425,000 on 9th August 2019. For the value to have increased from £425,000 to £505,076 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 39 PINE GROVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The August 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 39 PINE GROVE has not materially changed since August 2019.

How Large is 39 PINE GROVE?

39 PINE GROVE is 110m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lickey, and where 39 PINE GROVE lies on this distribution: 20% of detached houses houses are smaller than 39 PINE GROVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lickey.

39 PINE GROVE: Plot and Title Map

39 PINE GROVE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 39 PINE GROVE, 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 39 PINE GROVE). 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 39 PINE GROVE?

39 PINE GROVE is located in LICKEY, in the B45 postcode district. The below map shows the position of No. 39 on PINE GROVE.