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
5 MERRILL GARDENS is a very large extended detached house of 146m², built sometime between 1983 and 1990. It was last sold for £425,000 in January 2021, which was around 6% below the average January 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 MERRILL GARDENS 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 5 MERRILL GARDENS 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 |
---|---|---|---|
2021 26 JAN | £425,000 | £453,614 | 6% below HPI |
1995 24 AUG | £85,000 | £106,113 | 20% 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 5 MERRILL GARDENS sales from August 1995 and January 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 August 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
5 MERRILL GARDENS is 146m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 20% 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 5 MERRILL GARDENS lies on this distribution: 80% of detached houses are smaller than 5 MERRILL GARDENS, and 20% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.
5 MERRILL GARDENS sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 5 MERRILL GARDENS, 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 MERRILL GARDENS). 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.
5 MERRILL GARDENS is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 5 on MERRILL GARDENS.