4, MILESTONE DRIVE, HAGLEY, STOURBRIDGE, DY9 0LP - £545,000

4 MILESTONE DRIVE is a small extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £545,000 in February 2021, which was around 19% above the average February 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

4 MILESTONE DRIVE Sold Prices

Land registry data shows three sales for 4 MILESTONE DRIVE 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. Two of the three 4 MILESTONE DRIVE sales were for above the average price, whilst one was 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
2021 12 FEB	£545,000	£456,403	19% above HPI
2012 1 JUN	£370,000	£289,402	28% above HPI
2002 26 JUN	£169,950	£196,320	13% below HPI

4 MILESTONE DRIVE 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 4 MILESTONE DRIVE sales between June 2002 and February 2021 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 2012 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the February 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 4 MILESTONE DRIVE?

4 MILESTONE DRIVE is 139m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 4 MILESTONE DRIVE lies on this distribution: 40% of detached houses are smaller than 4 MILESTONE DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hagley.

4 MILESTONE DRIVE: Plot and Title Map

4 MILESTONE DRIVE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 4 MILESTONE DRIVE, 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 MILESTONE DRIVE). 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 MILESTONE DRIVE?

4 MILESTONE DRIVE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 4 on MILESTONE DRIVE.