15, PARKSTONE AVENUE, BROMSGROVE, B61 7NS - £450,000

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.

15 PARKSTONE AVENUE is a midsized extended detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £522,314. It was last sold for £450,000 in February 2021, which was about the average February 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

15 PARKSTONE AVENUE Sold Prices

Land registry data shows three sales for 15 PARKSTONE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The three 15 PARKSTONE AVENUE sales were a mix of roughly equal to the average price, above the average price, and 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
2021 12 FEB	£450,000	£450,802	Close to HPI
2002 1 NOV	£197,000	£221,622	11% below HPI
1996 26 JAN	£113,000	£106,427	6% above HPI

15 PARKSTONE AVENUE 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 three 15 PARKSTONE AVENUE sales between January 1996 and February 2021 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 PARKSTONE AVENUE be worth now?

15 PARKSTONE AVENUE might now be worth an estimated £522,314.

This is based on house price inflation of 16.1%, between February 2021 and February 2025, for 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 16.1% inflationary increase is applied to the most recent sale price for 15 PARKSTONE AVENUE of £450,000 on 12th February 2021. For the value to have increased from £450,000 to £522,314 over the four years to February 2025, the following assumptions must hold true:

• The value of 15 PARKSTONE AVENUE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The February 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARKSTONE AVENUE has not materially changed since February 2021.

How Large is 15 PARKSTONE AVENUE?

15 PARKSTONE AVENUE is 125m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 15 PARKSTONE AVENUE lies on this distribution: 57% of detached houses houses are smaller than 15 PARKSTONE AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

15 PARKSTONE AVENUE: Plot and Title Map

15 PARKSTONE AVENUE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 15 PARKSTONE AVENUE, 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 15 PARKSTONE AVENUE). 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 15 PARKSTONE AVENUE?

15 PARKSTONE AVENUE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 15 on PARKSTONE AVENUE.