14, WESTERN ROAD, HAGLEY, STOURBRIDGE, DY9 0LA - £350,000

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 WESTERN ROAD is a small extended semi-detached house of 125m², built sometime between 1900 and 1929. It was last sold for £350,000 in September 2017, which was around 15% below the average September 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

14 WESTERN ROAD Sold Prices

Land registry data shows four sales for 14 WESTERN 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. two of the four 14 WESTERN ROAD sales were for below the average price, and four 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
2017 1 SEP	£350,000	£409,790	15% below HPI
2013 29 NOV	£320,000	£311,024	3% above HPI
2010 15 OCT	£325,000	£306,749	6% above HPI
2002 31 MAY	£110,000	£189,616	42% below HPI

14 WESTERN 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 WESTERN ROAD sales between May 2002 and September 2017 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 November 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 14 WESTERN ROAD?

14 WESTERN ROAD is 125m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 30% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 14 WESTERN ROAD lies on this distribution: 26% of detached houses are smaller than 14 WESTERN ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Hagley.

14 WESTERN ROAD: Plot and Title Map

14 WESTERN ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 14 WESTERN 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 WESTERN 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 WESTERN ROAD?

14 WESTERN ROAD is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 14 on WESTERN ROAD.