1, RIGBY LANE, BROMSGROVE, B60 2EU - £495,000

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 RIGBY LANE is a large extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £495,000 in November 2018, which was around 18% above the average November 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

1 RIGBY LANE Sold Prices

Land registry data shows three sales for 1 RIGBY LANE 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. Two of the three 1 RIGBY LANE sales were for above the average price, whilst one was 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 6 NOV	£495,000	£421,167	18% above HPI
2006 23 AUG	£292,000	£300,964	3% below HPI
1996 6 MAR	£112,500	£106,958	5% above HPI

1 RIGBY LANE 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 RIGBY LANE sales between March 1996 and November 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 August 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2018 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 1 RIGBY LANE?

1 RIGBY LANE is 141m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 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 RIGBY LANE lies on this distribution: 71% of detached houses are smaller than 1 RIGBY LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

1 RIGBY LANE: Plot and Title Map

1 RIGBY LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 1 RIGBY LANE, 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 RIGBY LANE). 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 RIGBY LANE?

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