9, RIGBY LANE, BROMSGROVE, B60 2EU - £320,000

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.

9 RIGBY LANE is a midsized extended terraced house of 116m², built sometime between 1930 and 1949, which could now be worth an estimated £397,038. It was last sold for £320,000 in June 2020, which was around 51% above the average June 2020 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

9 RIGBY LANE Sold Prices

Land registry data shows two sales for 9 RIGBY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 9 RIGBY LANE sales were for above 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
2020 25 JUN	£320,000	£212,566	51% above HPI
1999 26 MAR	£77,000	£63,489	21% above HPI

9 RIGBY LANE 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 two 9 RIGBY LANE sales from March 1999 and June 2020 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 March 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2020 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 9 RIGBY LANE be worth now?

9 RIGBY LANE might now be worth an estimated £397,038.

This is based on house price inflation of 24.1%, between June 2020 and May 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 24.1% inflationary increase is applied to the most recent sale price for 9 RIGBY LANE of £320,000 on 25th June 2020. For the value to have increased from £320,000 to £397,038 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 9 RIGBY LANE has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The June 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RIGBY LANE has not materially changed since June 2020.

How Large is 9 RIGBY LANE?

9 RIGBY LANE is 116m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% 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 9 RIGBY LANE lies on this distribution: 46% of terraced houses houses are smaller than 9 RIGBY LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

9 RIGBY LANE: Plot and Title Map

9 RIGBY LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 9 RIGBY 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 9 RIGBY 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.

Where is 9 RIGBY LANE?

9 RIGBY LANE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 9 on RIGBY LANE.