THE NOOK, REDDITCH ROAD, HOPWOOD, BIRMINGHAM, B48 7TR - £385,000

THE NOOK is a very small extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £385,000 in September 2009, which was around 31% above the average September 2009 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two THE NOOK 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
2009 25 SEP	£385,000	£294,313	31% above HPI
1995 8 DEC	£125,000	£104,472	20% above HPI

THE NOOK 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 two THE NOOK sales from December 1995 and September 2009 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 December 1995 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2009 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is THE NOOK?

THE NOOK is 107m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Hopwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hopwood, and where THE NOOK lies on this distribution: 16% of detached houses are smaller than THE NOOK, and 81% of houses are larger. Note that EPC data is not available for all properties in Hopwood.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 1.2 acres, or 4,784m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

THE NOOK is located on REDDITCH ROAD in HOPWOOD, in the B48 postcode district. The below map shows the position of THE NOOK on REDDITCH ROAD.