55, FOREST WAY, HOLLYWOOD, BIRMINGHAM, B47 5JS - £242,500

55 FOREST WAY is a very small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £242,500 in August 2014, which was around 26% below the average August 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

55 FOREST WAY Sold Prices

Land registry data shows two sales for 55 FOREST WAY 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 55 FOREST WAY 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
2014 28 AUG	£242,500	£326,561	26% below HPI
2003 9 MAY	£181,000	£233,539	22% below HPI

55 FOREST WAY 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 55 FOREST WAY sales from May 2003 and August 2014 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 May 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 55 FOREST WAY?

55 FOREST WAY is 85m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses by size in Hollywood, and where 55 FOREST WAY lies on this distribution: 15% of detached houses are smaller than 55 FOREST WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

55 FOREST WAY: Plot and Title Map

55 FOREST WAY sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 55 FOREST WAY, 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 55 FOREST WAY). 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 55 FOREST WAY?

55 FOREST WAY is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 55 on FOREST WAY.