2, BROOK FIELDS CLOSE, MARLBROOK, BROMSGROVE, B60 1EP - £361,000

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.

2 BROOK FIELDS CLOSE is a small detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £437,397. It was last sold for £361,000 in August 2018, which was around 16% below the average August 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

2 BROOK FIELDS CLOSE Sold Prices

Land registry data shows two sales for 2 BROOK FIELDS CLOSE 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 2 BROOK FIELDS CLOSE 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 16 AUG	£361,000	£431,854	16% below HPI
2016 28 OCT	£295,000	£386,414	24% below HPI

2 BROOK FIELDS CLOSE 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 2 BROOK FIELDS CLOSE sales from October 2016 and August 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 October 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 BROOK FIELDS CLOSE be worth now?

2 BROOK FIELDS CLOSE might now be worth an estimated £437,397.

This is based on house price inflation of 21.2%, between August 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 21.2% inflationary increase is applied to the most recent sale price for 2 BROOK FIELDS CLOSE of £361,000 on 16th August 2018. For the value to have increased from £361,000 to £437,397 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 BROOK FIELDS CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The August 2018 sale price of £361,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROOK FIELDS CLOSE has not materially changed since August 2018.

How Large is 2 BROOK FIELDS CLOSE?

2 BROOK FIELDS CLOSE is 110m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Marlbrook, and where 2 BROOK FIELDS CLOSE lies on this distribution: 39% of detached houses houses are smaller than 2 BROOK FIELDS CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

2 BROOK FIELDS CLOSE: Plot and Title Map

2 BROOK FIELDS CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2 BROOK FIELDS CLOSE, 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 BROOK FIELDS CLOSE). 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 BROOK FIELDS CLOSE?

2 BROOK FIELDS CLOSE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 2 on BROOK FIELDS CLOSE.