11, REED MACE DRIVE, BROMSGROVE, B61 0UJ - £425,000

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

11 REED MACE DRIVE is a large detached house of 128m², built sometime between 2003 and 2006. It was last sold for £425,000 in March 2020, which was around 2% below the average March 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

11 REED MACE DRIVE Sold Prices

Land registry data shows five sales for 11 REED MACE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The five 11 REED MACE DRIVE sales were a mix of below the average price, roughly equal to the average price, and 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
2020 24 MAR	£425,000	£433,218	2% below HPI
2017 31 AUG	£385,000	£407,615	6% below HPI
2011 3 OCT	£295,000	£304,178	3% below HPI
2009 4 DEC	£300,000	£293,417	2% above HPI
2002 18 JUL	£204,995	£204,775	Close to HPI

11 REED MACE DRIVE 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 five 11 REED MACE DRIVE sales between July 2002 and March 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 August 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 11 REED MACE DRIVE?

11 REED MACE DRIVE is 128m² according to the EPC inspection conducted in February 2017. This puts it in the largest 40% 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 REED MACE DRIVE lies on this distribution: 61% of detached houses are smaller than 11 REED MACE DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

11 REED MACE DRIVE: Plot and Title Map

11 REED MACE DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 11 REED MACE 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 11 REED MACE 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 11 REED MACE DRIVE?

11 REED MACE DRIVE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 11 on REED MACE DRIVE.