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
159 STOURBRIDGE ROAD is a very small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £370,000 in January 2023, which was around 29% below the average January 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 159 STOURBRIDGE ROAD since 1st 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 159 STOURBRIDGE ROAD 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 |
---|---|---|---|
2023 20 JAN | £370,000 | £519,396 | 29% below HPI |
2014 19 MAY | £196,000 | £327,609 | 40% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 159 STOURBRIDGE ROAD sales from May 2014 and January 2023 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 May 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2023 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
159 STOURBRIDGE ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 159 STOURBRIDGE ROAD lies on this distribution: 17% of detached houses are smaller than 159 STOURBRIDGE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.
159 STOURBRIDGE ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 159 STOURBRIDGE 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 159 STOURBRIDGE 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.
159 STOURBRIDGE ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 159 on STOURBRIDGE ROAD.