1, PIPERS CLOSE, BROMSGROVE, B61 7HG - £385,000

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 PIPERS CLOSE is a small extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £385,000 in October 2020, which was around 15% below the average October 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

1 PIPERS CLOSE Sold Prices

Land registry data shows two sales for 1 PIPERS 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 PIPERS 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
2020 13 OCT	£385,000	£452,940	15% below HPI
2017 12 MAY	£315,500	£390,687	19% below HPI

1 PIPERS 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 PIPERS CLOSE sales from May 2017 and October 2020 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 PIPERS CLOSE?

1 PIPERS CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% 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 PIPERS CLOSE lies on this distribution: 30% of detached houses are smaller than 1 PIPERS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

1 PIPERS CLOSE: Plot and Title Map

1 PIPERS CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 1 PIPERS 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 PIPERS 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 PIPERS CLOSE?

1 PIPERS CLOSE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 1 on PIPERS CLOSE.