165, BROAD STREET, BROMSGROVE, B61 8NG - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

165 BROAD STREET is a very small detached house of 79m², which could now be worth an estimated £279,255. It was last sold for £255,000 in November 2021, which was around 47% below the average November 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was A.

165 BROAD STREET Sold Prices

Land registry data shows two sales for 165 BROAD STREET 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 165 BROAD STREET 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
2021 16 NOV	£255,000	£477,798	47% below HPI
2014 26 MAR	£62,500	£321,733	81% below HPI

165 BROAD STREET 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 165 BROAD STREET sales from March 2014 and November 2021 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 March 2014 sale was for 81% below the HPI. So the extrapolation line tracks at 81% below the HPI over time, until the November 2021 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 165 BROAD STREET be worth now?

165 BROAD STREET might now be worth an estimated £279,255.

This is based on house price inflation of 9.5%, between November 2021 and February 2025, 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 9.5% inflationary increase is applied to the most recent sale price for 165 BROAD STREET of £255,000 on 16th November 2021. For the value to have increased from £255,000 to £279,255 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 165 BROAD STREET has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The November 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 165 BROAD STREET has not materially changed since November 2021.

How Large is 165 BROAD STREET?

165 BROAD STREET is 79m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% 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 165 BROAD STREET lies on this distribution: 7% of detached houses houses are smaller than 165 BROAD STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

165 BROAD STREET: Plot and Title Map

165 BROAD STREET sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 165 BROAD STREET, 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 165 BROAD STREET). 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 165 BROAD STREET?

165 BROAD STREET is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 165 on BROAD STREET.