1, TOWER DRIVE, BROMSGROVE, B61 0TZ - £312,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 TOWER DRIVE is a small semi-detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £318,026. It was last sold for £312,500 in October 2024, which was around 3% below the average October 2024 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 TOWER DRIVE Sold Prices

Land registry data shows four sales for 1 TOWER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. Most of the four 1 TOWER DRIVE sales were for above 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
2024 16 OCT	£312,500	£322,505	3% below HPI
2015 6 NOV	£218,000	£216,322	1% above HPI
2009 10 SEP	£210,000	£178,887	17% above HPI
2001 25 JUN	£144,995	£96,608	50% above HPI

1 TOWER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 1 TOWER DRIVE sales between June 2001 and October 2024 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 November 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 TOWER DRIVE be worth now?

1 TOWER DRIVE might now be worth an estimated £318,026.

This is based on house price inflation of 1.8%, between October 2024 and February 2025, for semi-detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% inflationary increase is applied to the most recent sale price for 1 TOWER DRIVE of £312,500 on 16th October 2024. For the value to have increased from £312,500 to £318,026 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 1 TOWER DRIVE has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The October 2024 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 1 TOWER DRIVE has not materially changed since October 2024.

How Large is 1 TOWER DRIVE?

1 TOWER DRIVE is 104m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of semi-detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bromsgrove, and where 1 TOWER DRIVE lies on this distribution: 29% of semi-detached houses houses are smaller than 1 TOWER DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

1 TOWER DRIVE: Plot and Title Map

1 TOWER DRIVE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 1 TOWER DRIVE, 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 TOWER DRIVE). 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 TOWER DRIVE?

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