8, THE CRESCENT, HAGLEY, STOURBRIDGE, DY8 2XB - £440,000

8 THE CRESCENT is a very small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £440,000 in February 2023, which was around 18% below the average February 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

8 THE CRESCENT Sold Prices

Land registry data shows three sales for 8 THE CRESCENT 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 8 THE CRESCENT 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
2023 14 FEB	£440,000	£534,231	18% below HPI
2005 7 APR	£270,000	£283,366	5% below HPI
2003 26 SEP	£210,000	£256,401	18% below HPI

8 THE CRESCENT 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 8 THE CRESCENT sales between September 2003 and February 2023 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 April 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 THE CRESCENT?

8 THE CRESCENT is 86m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 8 THE CRESCENT lies on this distribution: 7% of detached houses are smaller than 8 THE CRESCENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Hagley.

8 THE CRESCENT: Plot and Title Map

8 THE CRESCENT sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 8 THE CRESCENT, 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 8 THE CRESCENT). 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 8 THE CRESCENT?

8 THE CRESCENT is located in HAGLEY, in the DY8 postcode district. The below map shows the position of No. 8 on THE CRESCENT.