2, NEW ROAD, HOLLYWOOD, BIRMINGHAM, B47 5ND - £465,000

2 NEW ROAD is a very large extended detached house of 193m², built sometime between 1930 and 1949. It was last sold for £465,000 in March 2018, which was around 15% above the average March 2018 detached 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.

2 NEW ROAD Sold Prices

Land registry data shows four sales for 2 NEW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Most of the four 2 NEW ROAD 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
2018 21 MAR	£465,000	£403,387	15% above HPI
2008 24 JUL	£435,000	£313,335	39% above HPI
2003 24 JUL	£300,000	£242,092	24% above HPI
1996 4 OCT	£86,500	£110,355	22% below HPI

2 NEW ROAD 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 four 2 NEW ROAD sales between October 1996 and March 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 July 2008 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2018 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 NEW ROAD?

2 NEW ROAD is 193m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 10% of detached houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses by size in Hollywood, and where 2 NEW ROAD lies on this distribution: 92% of detached houses are smaller than 2 NEW ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

2 NEW ROAD: Plot and Title Map

2 NEW ROAD sits on a plot of roughly 0.227 of an acre, or 917m². The below map shows the location of 2 NEW ROAD, 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 2 NEW ROAD). 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 2 NEW ROAD?

2 NEW ROAD is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 2 on NEW ROAD.