4, THE ORCHARD, BROMSGROVE, B61 8PZ - £261,000

4 THE ORCHARD is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £261,000 in December 2015, which was around 27% below the average December 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

4 THE ORCHARD Sold Prices

Land registry data shows five sales for 4 THE ORCHARD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the five 4 THE ORCHARD 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
2015 18 DEC	£261,000	£359,911	27% below HPI
2008 29 FEB	£226,500	£317,178	29% below HPI
2005 5 JUL	£226,000	£283,467	20% below HPI
2001 30 JUL	£119,500	£172,722	31% below HPI
1998 27 NOV	£100,000	£135,700	26% below HPI

4 THE ORCHARD 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 five 4 THE ORCHARD sales between November 1998 and December 2015 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 February 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 THE ORCHARD?

4 THE ORCHARD is 98m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 4 THE ORCHARD lies on this distribution: 22% of detached houses are smaller than 4 THE ORCHARD, and 77% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

4 THE ORCHARD: Plot and Title Map

4 THE ORCHARD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 4 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

4 THE ORCHARD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 4 on THE ORCHARD.