1, DESIGN CLOSE, BROMSGROVE, B60 3GU - £206,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 DESIGN CLOSE is a large detached house of 131m², built sometime from 2012 onwards. It was last sold for £206,000 in September 2013, which was around 33% below the average September 2013 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

1 DESIGN CLOSE Sold Prices

Land registry data shows two sales for 1 DESIGN CLOSE 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 1 DESIGN CLOSE 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
2013 30 SEP	£206,000	£306,802	33% below HPI
2007 10 MAY	£220,995	£304,569	27% below HPI

1 DESIGN CLOSE 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 1 DESIGN CLOSE sales from May 2007 and September 2013 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 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 DESIGN CLOSE?

1 DESIGN CLOSE is 131m² according to the EPC inspection conducted in January 2023. This puts it in the largest 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 1 DESIGN CLOSE lies on this distribution: 64% of detached houses are smaller than 1 DESIGN CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

1 DESIGN CLOSE: Plot and Title Map

1 DESIGN CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 1 DESIGN CLOSE, 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 1 DESIGN CLOSE). 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 1 DESIGN CLOSE?

1 DESIGN CLOSE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 1 on DESIGN CLOSE.