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
474 BIRMINGHAM ROAD is a large extended detached house of 128m², built sometime between 1950 and 1966. It was last sold for £275,000 in December 2014, which was around 17% below the average December 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 474 BIRMINGHAM ROAD since 1st 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 474 BIRMINGHAM ROAD 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 |
---|---|---|---|
2014 11 DEC | £275,000 | £331,234 | 17% below HPI |
2004 21 OCT | £202,500 | £278,849 | 27% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 474 BIRMINGHAM ROAD sales from October 2004 and December 2014 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 October 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
474 BIRMINGHAM ROAD is 128m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the largest 40% 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 474 BIRMINGHAM ROAD lies on this distribution: 66% of detached houses are smaller than 474 BIRMINGHAM ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.
474 BIRMINGHAM ROAD sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 474 BIRMINGHAM ROAD, 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 474 BIRMINGHAM ROAD). 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.
474 BIRMINGHAM ROAD is located in MARLBROOK, in the B61 postcode district. The below map shows the position of No. 474 on BIRMINGHAM ROAD.