3, KNOWESLEY CLOSE, BROMSGROVE, B60 2RG - £247,500

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.

3 KNOWESLEY CLOSE is a small detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £427,610. It was last sold for £247,500 in August 2011, which was around 18% below the average August 2011 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

3 KNOWESLEY CLOSE Sold Prices

Land registry data shows one sale for 3 KNOWESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 12 AUG	£247,500	£302,024	18% below HPI

What might 3 KNOWESLEY CLOSE be worth now?

3 KNOWESLEY CLOSE might now be worth an estimated £427,610.

This is based on house price inflation of 72.8%, between August 2011 and April 2026, 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 72.8% inflationary increase is applied to the most recent sale price for 3 KNOWESLEY CLOSE of £247,500 on 12th August 2011. For the value to have increased from £247,500 to £427,610 over the fifteen years and four months to April 2026, the following assumptions must hold true:

• The value of 3 KNOWESLEY CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The August 2011 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 3 KNOWESLEY CLOSE has not materially changed since August 2011.

How Large is 3 KNOWESLEY CLOSE?

3 KNOWESLEY CLOSE is 109m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 3 KNOWESLEY CLOSE lies on this distribution: 37% of detached houses are smaller than 3 KNOWESLEY CLOSE, and 63% of detached houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

3 KNOWESLEY CLOSE: Plot

3 KNOWESLEY CLOSE sits on a plot of roughly 0.069 of an acre, or 279m².

Where is 3 KNOWESLEY CLOSE?

3 KNOWESLEY CLOSE is located in BROMSGROVE, in the B60 postcode district.