2, BRIDGE ROAD, BROMSGROVE, B60 3GT - £358,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BRIDGE ROAD is a very small detached house of 74m², built sometime between 2003 and 2006. It was last sold for £358,000 in July 2022, which was around 29% below the average July 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

2 BRIDGE ROAD Sold Prices

Land registry data shows three sales for 2 BRIDGE 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 2 BRIDGE 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
2022 5 JUL	£358,000	£503,299	29% below HPI
2016 24 MAR	£257,500	£360,961	29% below HPI
2006 15 DEC	£226,995	£303,249	25% below HPI

2 BRIDGE 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 2 BRIDGE ROAD sales between December 2006 and July 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 March 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2022 sale, which was also at 29% below the HPI.

How Large is 2 BRIDGE ROAD?

2 BRIDGE ROAD is 74m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 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 2 BRIDGE ROAD lies on this distribution: 5% of detached houses are smaller than 2 BRIDGE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2 BRIDGE ROAD: Plot and Title Map

2 BRIDGE ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 2 BRIDGE 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 2 BRIDGE 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 2 BRIDGE ROAD?

2 BRIDGE ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 2 on BRIDGE ROAD.