1, MARSH WAY, CATSHILL, BROMSGROVE, B61 0JD - £318,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MARSH WAY is a midsized extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £318,500 in September 2018, which was around 25% below the average September 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

1 MARSH WAY Sold Prices

Land registry data shows three sales for 1 MARSH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 1 MARSH 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
2018 7 SEP	£318,500	£424,842	25% below HPI
2005 16 DEC	£221,000	£290,166	24% below HPI
1997 21 MAR	£114,995	£116,269	1% below HPI

1 MARSH 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 three 1 MARSH WAY sales between March 1997 and September 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 December 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 MARSH WAY?

1 MARSH WAY is 120m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses in Catshill, based on EPC data. The below chart shows the distribution of detached houses by size in Catshill, and where 1 MARSH WAY lies on this distribution: 56% of detached houses are smaller than 1 MARSH WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Catshill.

1 MARSH WAY: Plot and Title Map

1 MARSH WAY sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 1 MARSH 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 1 MARSH 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 1 MARSH WAY?

1 MARSH WAY is located in CATSHILL, in the B61 postcode district. The below map shows the position of No. 1 on MARSH WAY.