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
57 MARLBROOK LANE is a midsized extended detached house of 122m², built sometime from 2007 onwards. It was last sold for £349,950 in March 2021, which was around 21% below the average March 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 57 MARLBROOK LANE 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 57 MARLBROOK LANE 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 25 MAR | £349,950 | £440,230 | 21% below HPI |
2009 30 JUL | £230,000 | £291,077 | 21% below HPI |
2007 12 JUL | £249,950 | £312,777 | 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 57 MARLBROOK LANE sales between July 2007 and March 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 July 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2021 sale, which was also at 21% below the HPI.
57 MARLBROOK LANE is 122m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 57 MARLBROOK LANE lies on this distribution: 56% of detached houses are smaller than 57 MARLBROOK LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.
57 MARLBROOK LANE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 57 MARLBROOK 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 57 MARLBROOK 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.
57 MARLBROOK LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 57 on MARLBROOK LANE.