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
567 BIRMINGHAM ROAD is a midsized extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £420,000 in September 2022, which was around 18% below the average September 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 567 BIRMINGHAM ROAD since 1st 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 567 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 |
---|---|---|---|
2022 29 SEP | £420,000 | £514,771 | 18% below HPI |
2013 10 MAY | £235,000 | £308,016 | 24% below HPI |
2008 19 SEP | £239,500 | £299,478 | 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 three 567 BIRMINGHAM ROAD sales between September 2008 and September 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 May 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
567 BIRMINGHAM ROAD is 124m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% 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 567 BIRMINGHAM ROAD lies on this distribution: 58% of detached houses are smaller than 567 BIRMINGHAM ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.
567 BIRMINGHAM ROAD sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 567 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 567 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.
567 BIRMINGHAM ROAD is located in MARLBROOK, in the B61 postcode district. The below map shows the position of No. 567 on BIRMINGHAM ROAD.