15, PERRY LANE, BROMSGROVE, B61 7JL - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 PERRY LANE is a large extended detached house of 147m², built sometime before 1900. It was last sold for £350,000 in March 2024, which was around 31% below the average March 2024 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

15 PERRY LANE Sold Prices

Land registry data shows two sales for 15 PERRY LANE 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 15 PERRY LANE 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 11 MAR	£350,000	£505,205	31% below HPI
2007 14 SEP	£235,000	£322,603	27% below HPI

15 PERRY LANE 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 15 PERRY LANE sales from September 2007 and March 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 September 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 15 PERRY LANE?

15 PERRY LANE is 147m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 15 PERRY LANE lies on this distribution: 76% of detached houses are smaller than 15 PERRY LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

15 PERRY LANE: Plot and Title Map

15 PERRY LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 15 PERRY LANE, 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 PERRY LANE). 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 PERRY LANE?

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