16, PALMYRA ROAD, BROMSGROVE, B60 2RH - £572,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

16 PALMYRA ROAD is a very large extended detached house of 184m², built sometime between 1996 and 2002. It was last sold for £572,500 in September 2020, which was around 29% above the average September 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

16 PALMYRA ROAD Sold Prices

Land registry data shows two sales for 16 PALMYRA ROAD 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 PALMYRA ROAD sales were for above 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
2020 3 SEP	£572,500	£444,661	29% above HPI
2001 30 OCT	£271,950	£179,314	52% above HPI

16 PALMYRA ROAD 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 PALMYRA ROAD sales from October 2001 and September 2020 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 October 2001 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the September 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 16 PALMYRA ROAD?

16 PALMYRA ROAD is 184m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% 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 PALMYRA ROAD lies on this distribution: 93% of detached houses are smaller than 16 PALMYRA ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

16 PALMYRA ROAD: Plot and Title Map

16 PALMYRA ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 16 PALMYRA 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 16 PALMYRA 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.

Where is 16 PALMYRA ROAD?

16 PALMYRA ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 16 on PALMYRA ROAD.