18, PINE GROVE, LICKEY, BIRMINGHAM, B45 8HE - £560,000

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.

18 PINE GROVE is a large extended detached house of 173m², built sometime between 1967 and 1975, which could now be worth an estimated £584,487. It was last sold for £560,000 in June 2022, which was around 12% above the average June 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

18 PINE GROVE Sold Prices

Land registry data shows four sales for 18 PINE GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 18 PINE GROVE 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
2022 22 JUN	£560,000	£501,324	12% above HPI
2017 24 NOV	£437,000	£414,224	5% above HPI
1999 30 JUL	£169,950	£138,229	23% above HPI
1997 15 MAY	£144,000	£114,295	26% above HPI

18 PINE GROVE 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 four 18 PINE GROVE sales between May 1997 and June 2022 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 November 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 18 PINE GROVE be worth now?

18 PINE GROVE might now be worth an estimated £584,487.

This is based on house price inflation of 4.4%, between June 2022 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 4.4% inflationary increase is applied to the most recent sale price for 18 PINE GROVE of £560,000 on 22nd June 2022. For the value to have increased from £560,000 to £584,487 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 18 PINE GROVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The June 2022 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PINE GROVE has not materially changed since June 2022.

How Large is 18 PINE GROVE?

18 PINE GROVE is 173m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lickey, and where 18 PINE GROVE lies on this distribution: 65% of detached houses houses are smaller than 18 PINE GROVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Lickey.

18 PINE GROVE: Plot and Title Map

18 PINE GROVE sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 18 PINE GROVE, 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 PINE GROVE). 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 PINE GROVE?

18 PINE GROVE is located in LICKEY, in the B45 postcode district. The below map shows the position of No. 18 on PINE GROVE.