14, MEDICI ROAD, BROMSGROVE, B60 2RL - £317,000

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

14 MEDICI ROAD is a very large extended detached house of 180m², built sometime between 1996 and 2002. It was last sold for £317,000 in March 2010, which was around 6% above the average March 2010 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

14 MEDICI ROAD Sold Prices

Land registry data shows four sales for 14 MEDICI ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 14 MEDICI ROAD 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 22 MAR	£317,000	£299,681	6% above HPI
2005 24 JUN	£310,000	£284,939	9% above HPI
2003 7 AUG	£295,000	£250,783	18% above HPI
2001 23 FEB	£227,500	£165,302	38% above HPI

14 MEDICI ROAD 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 four 14 MEDICI ROAD sales between February 2001 and March 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 June 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2010 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 14 MEDICI ROAD?

14 MEDICI ROAD is 180m², which includes one extension, according to the EPC inspection conducted in December 2009. 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 14 MEDICI ROAD lies on this distribution: 92% of detached houses are smaller than 14 MEDICI ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

14 MEDICI ROAD: Plot and Title Map

14 MEDICI ROAD sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 14 MEDICI 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 14 MEDICI 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 14 MEDICI ROAD?

14 MEDICI ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 14 on MEDICI ROAD.