12, THE PADDOCK, STOKE HEATH, BROMSGROVE, B60 3QY - £338,000

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 THE PADDOCK is a very small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £338,000 in June 2024, which was around 33% below the average June 2024 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

12 THE PADDOCK Sold Prices

Land registry data shows two sales for 12 THE PADDOCK 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 THE PADDOCK 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
2024 14 JUN	£338,000	£502,335	33% below HPI
2008 25 JAN	£186,500	£318,061	41% below HPI

12 THE PADDOCK 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 THE PADDOCK sales from January 2008 and June 2024 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 January 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12 THE PADDOCK?

12 THE PADDOCK is 93m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% 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 THE PADDOCK lies on this distribution: 17% of detached houses are smaller than 12 THE PADDOCK, and 82% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

12 THE PADDOCK: Plot and Title Map

12 THE PADDOCK sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 12 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

12 THE PADDOCK is located in STOKE HEATH, in the B60 postcode district. The below map shows the position of No. 12 on THE PADDOCK.