12, REED MACE DRIVE, BROMSGROVE, B61 0UJ - £360,000

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

12 REED MACE DRIVE is a very large detached house of 188m², built sometime between 1996 and 2002. It was last sold for £360,000 in January 2010, which was around 21% above the average January 2010 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

12 REED MACE DRIVE Sold Prices

Land registry data shows two sales for 12 REED MACE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 12 REED MACE 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
2010 18 JAN	£360,000	£297,962	21% above HPI
2002 8 AUG	£270,000	£211,446	28% above HPI

12 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 two 12 REED MACE DRIVE sales from August 2002 and January 2010 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 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2010 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 12 REED MACE DRIVE?

12 REED MACE DRIVE is 188m² according to the EPC inspection conducted in August 2023. 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 REED MACE DRIVE lies on this distribution: 94% of detached houses are smaller than 12 REED MACE DRIVE, and 6% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

12 REED MACE DRIVE: Plot and Title Map

12 REED MACE DRIVE sits on a plot of roughly 0.155 of an acre, or 625m². The below map shows the location of 12 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 12 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 12 REED MACE DRIVE?

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