58, ABBEY CLOSE, BROMSGROVE, B60 2RA - £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.

58 ABBEY CLOSE is a very small terraced house of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £252,284. It was last sold for £245,000 in December 2022, which was around 5% below the average December 2022 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

58 ABBEY CLOSE Sold Prices

Land registry data shows five sales for 58 ABBEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Bromsgrove local authority area for the corresponding sale date. All of the five 58 ABBEY CLOSE 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 9 DEC	£245,000	£258,025	5% below HPI
2018 21 SEP	£195,000	£212,093	8% below HPI
2017 6 MAR	£178,500	£192,803	7% below HPI
2007 27 APR	£131,000	£160,016	18% below HPI
1998 11 AUG	£58,250	£61,356	5% below HPI

58 ABBEY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromsgrove local authority area over time, sourced from the HPI. The five 58 ABBEY CLOSE sales between August 1998 and December 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 September 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 58 ABBEY CLOSE be worth now?

58 ABBEY CLOSE might now be worth an estimated £252,284.

This is based on house price inflation of 3%, between December 2022 and April 2026, for terraced 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 3% inflationary increase is applied to the most recent sale price for 58 ABBEY CLOSE of £245,000 on 9th December 2022. For the value to have increased from £245,000 to £252,284 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 58 ABBEY CLOSE has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The December 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 58 ABBEY CLOSE has not materially changed since December 2022.

How Large is 58 ABBEY CLOSE?

58 ABBEY CLOSE is 56m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of terraced houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bromsgrove, and where 58 ABBEY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 58 ABBEY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

58 ABBEY CLOSE: Plot and Title Map

58 ABBEY CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 58 ABBEY CLOSE, 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 58 ABBEY CLOSE). 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 58 ABBEY CLOSE?

58 ABBEY CLOSE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 58 on ABBEY CLOSE.