197, BIRMINGHAM ROAD, BROMSGROVE, B61 0EB - £350,000

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.

197 BIRMINGHAM ROAD is a midsized extended detached house of 116m², built sometime before 1900, which could now be worth an estimated £460,108. It was last sold for £350,000 in January 2018, which was around 12% below the average January 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

197 BIRMINGHAM ROAD Sold Prices

Land registry data shows three sales for 197 BIRMINGHAM ROAD 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 197 BIRMINGHAM ROAD 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 17 JAN	£350,000	£398,028	12% below HPI
2013 22 NOV	£235,000	£313,162	25% below HPI
1998 23 NOV	£125,000	£136,633	9% below HPI

197 BIRMINGHAM 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 three 197 BIRMINGHAM ROAD sales between November 1998 and January 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 November 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 197 BIRMINGHAM ROAD be worth now?

197 BIRMINGHAM ROAD might now be worth an estimated £460,108.

This is based on house price inflation of 31.5%, between January 2018 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 31.5% inflationary increase is applied to the most recent sale price for 197 BIRMINGHAM ROAD of £350,000 on 17th January 2018. For the value to have increased from £350,000 to £460,108 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 197 BIRMINGHAM ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The January 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 197 BIRMINGHAM ROAD has not materially changed since January 2018.

How Large is 197 BIRMINGHAM ROAD?

197 BIRMINGHAM ROAD is 116m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% 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 197 BIRMINGHAM ROAD lies on this distribution: 46% of detached houses houses are smaller than 197 BIRMINGHAM ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

197 BIRMINGHAM ROAD: Plot and Title Map

197 BIRMINGHAM ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 197 BIRMINGHAM 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 197 BIRMINGHAM 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 197 BIRMINGHAM ROAD?

197 BIRMINGHAM ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 197 on BIRMINGHAM ROAD.