11, LEA PARK RISE, BROMSGROVE, B61 0AU - £465,000

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

11 LEA PARK RISE is a midsized extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £465,000 in November 2023, which was around 10% below the average November 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

11 LEA PARK RISE Sold Prices

Land registry data shows three sales for 11 LEA PARK RISE 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 11 LEA PARK RISE sales were for below the average price, whilst one was 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
2023 8 NOV	£465,000	£517,881	10% below HPI
2003 15 JUL	£225,000	£242,092	7% below HPI
1995 29 DEC	£121,000	£104,472	16% above HPI

11 LEA PARK RISE 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 11 LEA PARK RISE sales between December 1995 and November 2023 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 July 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2023 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 11 LEA PARK RISE?

11 LEA PARK RISE is 115m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 11 LEA PARK RISE lies on this distribution: 44% of detached houses are smaller than 11 LEA PARK RISE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

11 LEA PARK RISE: Plot and Title Map

11 LEA PARK RISE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 11 LEA PARK RISE, 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 11 LEA PARK RISE). 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 11 LEA PARK RISE?

11 LEA PARK RISE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 11 on LEA PARK RISE.