12, ASPENS WAY, BROMSGROVE, B61 0UW - £723,000

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

12 ASPENS WAY is a very large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £723,000 in October 2022, which was around 40% above the average October 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

12 ASPENS WAY Sold Prices

Land registry data shows four sales for 12 ASPENS WAY since 1^st 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. All of the four 12 ASPENS WAY 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
2022 17 OCT	£723,000	£514,915	40% above HPI
2021 30 APR	£665,000	£442,829	50% above HPI
2012 12 JAN	£380,000	£306,726	24% above HPI
2001 5 SEP	£224,995	£178,848	26% above HPI

12 ASPENS WAY 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 four 12 ASPENS WAY sales between September 2001 and October 2022 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 April 2021 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2022 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 12 ASPENS WAY?

12 ASPENS WAY is 174m² according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 12 ASPENS WAY lies on this distribution: 90% of detached houses are smaller than 12 ASPENS WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

12 ASPENS WAY: Plot and Title Map

12 ASPENS WAY sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 12 ASPENS WAY, 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 12 ASPENS WAY). 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 12 ASPENS WAY?

12 ASPENS WAY is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 12 on ASPENS WAY.