124, MILLFIELD ROAD, BROMSGROVE, B61 7BU - £238,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

124 MILLFIELD ROAD is a small semi-detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £304,597. It was last sold for £238,000 in July 2018, which was around 7% below the average July 2018 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

124 MILLFIELD ROAD Sold Prices

Land registry data shows three sales for 124 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. Two of the three 124 MILLFIELD ROAD sales were for below the average price, whilst one was 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
2018 5 JUL	£238,000	£256,449	7% below HPI
2009 25 SEP	£175,000	£178,887	2% below HPI
2007 8 JUN	£199,950	£192,200	4% above HPI

124 MILLFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 124 MILLFIELD ROAD sales between June 2007 and July 2018 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 September 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 124 MILLFIELD ROAD be worth now?

124 MILLFIELD ROAD might now be worth an estimated £304,597.

This is based on house price inflation of 28%, between July 2018 and February 2025, for semi-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 28% inflationary increase is applied to the most recent sale price for 124 MILLFIELD ROAD of £238,000 on 5th July 2018. For the value to have increased from £238,000 to £304,597 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 124 MILLFIELD ROAD has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The July 2018 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 124 MILLFIELD ROAD has not materially changed since July 2018.

How Large is 124 MILLFIELD ROAD?

124 MILLFIELD ROAD is 105m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of semi-detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bromsgrove, and where 124 MILLFIELD ROAD lies on this distribution: 30% of semi-detached houses houses are smaller than 124 MILLFIELD ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

124 MILLFIELD ROAD: Plot and Title Map

124 MILLFIELD ROAD sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 124 MILLFIELD ROAD, 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 124 MILLFIELD ROAD). 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 124 MILLFIELD ROAD?

124 MILLFIELD ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 124 on MILLFIELD ROAD.