2, CHURCH LANE, BROMSGROVE, B61 8RA - £325,000

2 CHURCH LANE is a midsized extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £325,000 in September 2017, which was around 21% below the average September 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

2 CHURCH LANE Sold Prices

Land registry data shows three sales for 2 CHURCH LANE 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 CHURCH LANE 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
2017 26 SEP	£325,000	£409,790	21% below HPI
2008 31 JUL	£220,000	£313,335	30% below HPI
2001 20 APR	£133,000	£166,195	20% below HPI

2 CHURCH LANE 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 CHURCH LANE sales between April 2001 and September 2017 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 July 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 CHURCH LANE?

2 CHURCH LANE is 119m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% 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 CHURCH LANE lies on this distribution: 50% of detached houses are smaller than 2 CHURCH LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2 CHURCH LANE: Plot and Title Map

2 CHURCH LANE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 2 CHURCH LANE, 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 CHURCH LANE). 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 CHURCH LANE?

2 CHURCH LANE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 2 on CHURCH LANE.