5, BRACES LANE, MARLBROOK, BROMSGROVE, B60 1ED - £245,000

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.

5 BRACES LANE is a very small semi-detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £341,794. It was last sold for £245,000 in September 2016, which was around 5% above the average September 2016 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

5 BRACES LANE Sold Prices

Land registry data shows two sales for 5 BRACES LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. One of the two 5 BRACES LANE sales was for above the average price, whilst the other 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
2016 9 SEP	£245,000	£232,328	5% above HPI
2010 7 SEP	£165,000	£186,413	11% below HPI

5 BRACES LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 5 BRACES LANE sales from September 2010 and September 2016 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 September 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2016 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 BRACES LANE be worth now?

5 BRACES LANE might now be worth an estimated £341,794.

This is based on house price inflation of 39.5%, between September 2016 and April 2026, for semi-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 39.5% inflationary increase is applied to the most recent sale price for 5 BRACES LANE of £245,000 on 9th September 2016. For the value to have increased from £245,000 to £341,794 over the ten years and five months to April 2026, the following assumptions must hold true:

• The value of 5 BRACES LANE has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The September 2016 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BRACES LANE has not materially changed since September 2016.

How Large is 5 BRACES LANE?

5 BRACES LANE is 85m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 20% of semi-detached houses houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lower Marlbrook, and where 5 BRACES LANE lies on this distribution: 16% of semi-detached houses houses are smaller than 5 BRACES LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

5 BRACES LANE: Plot and Title Map

5 BRACES LANE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 5 BRACES LANE, 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 5 BRACES LANE). 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 5 BRACES LANE?

5 BRACES LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 5 on BRACES LANE.