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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 PERRY LANE is a large extended detached house of 147m², built sometime before 1900, which could now be worth an estimated £346,709. It was last sold for £350,000 in March 2024, which was around 32% 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	£512,368	32% below HPI
2007 14 SEP	£235,000	£324,820	28% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 15 PERRY LANE be worth now?

15 PERRY LANE might now be worth an estimated £346,709.

This is based on house price deflation of 0.9%, between March 2024 and December 2024, 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 0.9% deflationary decrease is applied to the most recent sale price for 15 PERRY LANE of £350,000 on 11th March 2024. For the value to have decreased from £350,000 to £346,709 over the three months to December 2024, the following assumptions must hold true:

• The value of 15 PERRY LANE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The March 2024 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PERRY LANE has not materially changed since March 2024.

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 houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 15 PERRY LANE lies on this distribution: 76% of detached houses 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.