7, ASPENS WAY, BROMSGROVE, B61 0UW - £288,000

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.

7 ASPENS WAY is a large extended detached house of 136m², built sometime between 1991 and 1995, which could now be worth an estimated £504,839. It was last sold for £288,000 in July 2012, which was around 4% below the average July 2012 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

7 ASPENS WAY Sold Prices

Land registry data shows three sales for 7 ASPENS 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. The three 7 ASPENS WAY sales were a mix of below the average price, and roughly equal to 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
2012 20 JUL	£288,000	£298,500	4% below HPI
2006 8 DEC	£294,000	£305,333	4% below HPI
2001 29 JUN	£169,500	£169,303	Close to HPI

7 ASPENS 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 7 ASPENS WAY sales between June 2001 and July 2012 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 December 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2012 sale, which was also at 4% below the HPI.

What might 7 ASPENS WAY be worth now?

7 ASPENS WAY might now be worth an estimated £504,839.

This is based on house price inflation of 75.3%, between July 2012 and February 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 75.3% inflationary increase is applied to the most recent sale price for 7 ASPENS WAY of £288,000 on 20th July 2012. For the value to have increased from £288,000 to £504,839 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 7 ASPENS WAY has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The July 2012 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ASPENS WAY has not materially changed since July 2012.

How Large is 7 ASPENS WAY?

7 ASPENS WAY is 136m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% 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 7 ASPENS WAY lies on this distribution: 68% of detached houses houses are smaller than 7 ASPENS WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

7 ASPENS WAY: Plot and Title Map

7 ASPENS WAY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 7 ASPENS 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 7 ASPENS 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 7 ASPENS WAY?

7 ASPENS WAY is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 7 on ASPENS WAY.