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 STAPLE FLAT is a very large extended detached house of 212m², built sometime between 1950 and 1966. It was last sold for £424,000 in December 2018, which was about the average December 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 1 STAPLE FLAT since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The four 1 STAPLE FLAT sales were a mix of roughly equal to the average price, above the average price, and 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 4 DEC | £424,000 | £424,702 | Close to HPI |
2007 23 MAR | £415,000 | £308,255 | 35% above HPI |
2002 12 APR | £240,000 | £188,928 | 27% above HPI |
1998 29 MAY | £108,000 | £130,995 | 18% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 1 STAPLE FLAT sales between May 1998 and December 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 March 2007 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
1 STAPLE FLAT is 212m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 20% of detached houses in Upper Marlbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Marlbrook, and where 1 STAPLE FLAT lies on this distribution: 86% of detached houses are smaller than 1 STAPLE FLAT, and 14% of houses are larger. Note that EPC data is not available for all properties in Upper Marlbrook.
1 STAPLE FLAT sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 1 STAPLE FLAT, 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 STAPLE FLAT). 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.
1 STAPLE FLAT is located in LICKEY END, in the B60 postcode district. The below map shows the position of No. 1 on STAPLE FLAT.