18, GREYFRIARS DRIVE, BROMSGROVE, B61 7LF - £682,500

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

18 GREYFRIARS DRIVE is a very large detached house of 222m², built sometime between 1996 and 2002. It was last sold for £682,500 in February 2021, which was around 52% above the average February 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.

18 GREYFRIARS DRIVE Sold Prices

Land registry data shows three sales for 18 GREYFRIARS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 18 GREYFRIARS DRIVE 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
2021 12 FEB	£682,500	£447,725	52% above HPI
2008 15 OCT	£522,100	£293,405	78% above HPI
2000 29 FEB	£320,000	£154,068	108% above HPI

18 GREYFRIARS 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 three 18 GREYFRIARS DRIVE sales between February 2000 and February 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 October 2008 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the February 2021 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 18 GREYFRIARS DRIVE?

18 GREYFRIARS DRIVE is 222m² according to the EPC inspection conducted in December 2019. 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 18 GREYFRIARS DRIVE lies on this distribution: 98% of detached houses are smaller than 18 GREYFRIARS DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

18 GREYFRIARS DRIVE: Plot and Title Map

18 GREYFRIARS DRIVE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 18 GREYFRIARS 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 18 GREYFRIARS 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 18 GREYFRIARS DRIVE?

18 GREYFRIARS DRIVE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 18 on GREYFRIARS DRIVE.