5, STABLE WAY, STOKE HEATH, BROMSGROVE, B60 3QW - £425,000

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 STABLE WAY is a small extended detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £423,939. It was last sold for £425,000 in November 2022, which was around 18% below the average November 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

5 STABLE WAY Sold Prices

Land registry data shows three sales for 5 STABLE WAY 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. All of the three 5 STABLE WAY 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
2022 25 NOV	£425,000	£517,374	18% below HPI
2003 28 MAR	£197,000	£230,495	15% below HPI
1996 29 NOV	£85,500	£110,498	23% below HPI

5 STABLE WAY 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 5 STABLE WAY sales between November 1996 and November 2022 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 March 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 STABLE WAY be worth now?

5 STABLE WAY might now be worth an estimated £423,939.

This is based on house price deflation of 0.2%, between November 2022 and March 2025, for 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 0.2% deflationary decrease is applied to the most recent sale price for 5 STABLE WAY of £425,000 on 25th November 2022. For the value to have decreased from £425,000 to £423,939 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of 5 STABLE WAY has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The November 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STABLE WAY has not materially changed since November 2022.

How Large is 5 STABLE WAY?

5 STABLE WAY is 102m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 5 STABLE WAY lies on this distribution: 27% of detached houses houses are smaller than 5 STABLE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

5 STABLE WAY: Plot and Title Map

5 STABLE WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 5 STABLE WAY, 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 STABLE WAY). 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 STABLE WAY?

5 STABLE WAY is located in STOKE HEATH, in the B60 postcode district. The below map shows the position of No. 5 on STABLE WAY.