AVONLEA, KINGS LANE, BROOM, ALCESTER, B50 4HB - £308,000

AVONLEA is a very small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £308,000 in March 2015, which was around 30% below the average March 2015 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

AVONLEA Sold Prices

Land registry data shows four sales for AVONLEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the four AVONLEA 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
2015 30 MAR	£308,000	£440,105	30% below HPI
2006 24 NOV	£299,950	£352,238	15% below HPI
2001 3 AUG	£145,000	£213,465	32% below HPI
1997 7 MAY	£76,000	£133,387	43% below HPI

AVONLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The four AVONLEA sales between May 1997 and March 2015 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 November 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is AVONLEA?

AVONLEA is 88m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Broom, based on EPC data. The below chart shows the distribution of detached houses by size in Broom, and where AVONLEA lies on this distribution: 9% of detached houses are smaller than AVONLEA, and 91% of houses are larger. Note that EPC data is not available for all properties in Broom.

AVONLEA: Plot and Title Map

AVONLEA sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of AVONLEA, 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 AVONLEA). 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 AVONLEA?

AVONLEA is located on KINGS LANE in BROOM, in the B50 postcode district. The below map shows the position of AVONLEA on KINGS LANE.