16, MOORFIELD DRIVE, BROMSGROVE, B61 8EJ - £265,000

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

16 MOORFIELD DRIVE is a very small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £265,000 in September 2018, which was around 38% below the average September 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

16 MOORFIELD DRIVE Sold Prices

Land registry data shows two sales for 16 MOORFIELD DRIVE 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 16 MOORFIELD DRIVE 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
2018 14 SEP	£265,000	£424,842	38% below HPI
1995 13 JAN	£82,000	£102,087	20% below HPI

16 MOORFIELD DRIVE 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 16 MOORFIELD DRIVE sales from January 1995 and September 2018 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 January 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 16 MOORFIELD DRIVE?

16 MOORFIELD DRIVE is 93m², which includes two extensions, according to the EPC inspection conducted in April 2018. 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 16 MOORFIELD DRIVE lies on this distribution: 17% of detached houses are smaller than 16 MOORFIELD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

16 MOORFIELD DRIVE: Plot and Title Map

16 MOORFIELD DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 16 MOORFIELD DRIVE, 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 16 MOORFIELD DRIVE). 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 16 MOORFIELD DRIVE?

16 MOORFIELD DRIVE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 16 on MOORFIELD DRIVE.