4, FIRS CLOSE, MARLBROOK, BROMSGROVE, B60 1DR - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 FIRS CLOSE is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £390,000 in May 2020, which was around 9% below the average May 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

4 FIRS CLOSE Sold Prices

Land registry data shows two sales for 4 FIRS CLOSE 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 4 FIRS 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
2020 14 MAY	£390,000	£427,749	9% below HPI
2015 22 MAY	£270,000	£335,289	19% below HPI

4 FIRS 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 two 4 FIRS CLOSE sales from May 2015 and May 2020 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 May 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 FIRS CLOSE?

4 FIRS CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Marlbrook, and where 4 FIRS CLOSE lies on this distribution: 47% of detached houses are smaller than 4 FIRS CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

4 FIRS CLOSE: Plot and Title Map

4 FIRS CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 4 FIRS 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 4 FIRS 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 4 FIRS CLOSE?

4 FIRS CLOSE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 4 on FIRS CLOSE.