9, SPIRE VIEW, BROMSGROVE, B61 8DZ - £189,950

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 SPIRE VIEW is a very small terraced house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £238,641. It was last sold for £189,950 in October 2018, which was around 10% below the average October 2018 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

9 SPIRE VIEW Sold Prices

Land registry data shows six sales for 9 SPIRE VIEW since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Bromsgrove local authority area for the corresponding sale date. The six 9 SPIRE VIEW sales were a mix of below the average price, roughly equal to the average price, and 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
2018 5 OCT	£189,950	£209,928	10% below HPI
2017 28 SEP	£160,000	£205,173	22% below HPI
2014 21 JUL	£140,000	£165,455	15% below HPI
2007 28 FEB	£139,950	£159,911	12% below HPI
2004 19 MAR	£128,500	£128,807	Close to HPI
1995 16 OCT	£64,000	£50,747	26% above HPI

9 SPIRE VIEW 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 six 9 SPIRE VIEW sales between October 1995 and October 2018 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 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 9 SPIRE VIEW be worth now?

9 SPIRE VIEW might now be worth an estimated £238,641.

This is based on house price inflation of 25.6%, between October 2018 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 25.6% inflationary increase is applied to the most recent sale price for 9 SPIRE VIEW of £189,950 on 5th October 2018. For the value to have increased from £189,950 to £238,641 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 9 SPIRE VIEW has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The October 2018 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 9 SPIRE VIEW has not materially changed since October 2018.

How Large is 9 SPIRE VIEW?

9 SPIRE VIEW is 57m² according to the EPC inspection conducted in February 2017. 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 9 SPIRE VIEW lies on this distribution: 1% of terraced houses houses are smaller than 9 SPIRE VIEW, and 99% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

9 SPIRE VIEW: Plot and Title Map

9 SPIRE VIEW sits on a plot of roughly 0.016 of an acre, or 64m². The below map shows the location of 9 SPIRE VIEW, 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 SPIRE VIEW). 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 SPIRE VIEW?

9 SPIRE VIEW is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 9 on SPIRE VIEW.