12, STAPLE FLAT, LICKEY END, BROMSGROVE, B60 1HD - £287,000

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 STAPLE FLAT is a very small extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £287,000 in February 2016, which was around 21% below the average February 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

12 STAPLE FLAT Sold Prices

Land registry data shows two sales for 12 STAPLE FLAT 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 STAPLE FLAT sales were for below 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
2016 5 FEB	£287,000	£361,755	21% below HPI
1998 9 JUN	£85,000	£131,198	35% below HPI

12 STAPLE FLAT 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 STAPLE FLAT sales from June 1998 and February 2016 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 June 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 STAPLE FLAT?

12 STAPLE FLAT is 102m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Upper Marlbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Marlbrook, and where 12 STAPLE FLAT lies on this distribution: 17% of detached houses are smaller than 12 STAPLE FLAT, and 83% of houses are larger. Note that EPC data is not available for all properties in Upper Marlbrook.

12 STAPLE FLAT: Plot and Title Map

12 STAPLE FLAT sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 12 STAPLE FLAT, 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 STAPLE FLAT). 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 STAPLE FLAT?

12 STAPLE FLAT is located in LICKEY END, in the B60 postcode district. The below map shows the position of No. 12 on STAPLE FLAT.