12, GREYFRIARS DRIVE, BROMSGROVE, B61 7LF - £498,000

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

12 GREYFRIARS DRIVE is a very large detached house of 159m², built sometime between 1996 and 2002, which could now be worth an estimated £591,480. It was last sold for £498,000 in December 2019, which was around 13% above the average December 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

12 GREYFRIARS DRIVE Sold Prices

Land registry data shows three sales for 12 GREYFRIARS DRIVE 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. All of the three 12 GREYFRIARS 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
2019 6 DEC	£498,000	£440,549	13% above HPI
2012 21 DEC	£450,000	£310,725	45% above HPI
2000 9 AUG	£320,000	£158,212	102% above HPI

12 GREYFRIARS 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 three 12 GREYFRIARS DRIVE sales between August 2000 and December 2019 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 December 2012 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the December 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 12 GREYFRIARS DRIVE be worth now?

12 GREYFRIARS DRIVE might now be worth an estimated £591,480.

This is based on house price inflation of 18.8%, between December 2019 and February 2025, for 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 18.8% inflationary increase is applied to the most recent sale price for 12 GREYFRIARS DRIVE of £498,000 on 6th December 2019. For the value to have increased from £498,000 to £591,480 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 GREYFRIARS DRIVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The December 2019 sale price of £498,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GREYFRIARS DRIVE has not materially changed since December 2019.

How Large is 12 GREYFRIARS DRIVE?

12 GREYFRIARS DRIVE is 159m² according to the EPC inspection conducted in March 2012. This puts it in the largest 20% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 12 GREYFRIARS DRIVE lies on this distribution: 83% of detached houses houses are smaller than 12 GREYFRIARS DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

12 GREYFRIARS DRIVE: Plot and Title Map

12 GREYFRIARS DRIVE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 12 GREYFRIARS 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 12 GREYFRIARS 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 12 GREYFRIARS DRIVE?

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