2, EAST ROAD, BROMSGROVE, B60 2NJ - £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.

2 EAST ROAD is a midsized extended detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £425,215. It was last sold for £350,000 in May 2020, which was around 19% below the average May 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

2 EAST ROAD Sold Prices

Land registry data shows three sales for 2 EAST 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 EAST 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
2020 27 MAY	£350,000	£430,690	19% below HPI
2007 31 AUG	£249,950	£320,830	22% below HPI
2002 10 JUN	£157,500	£197,670	20% below HPI

2 EAST 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 EAST ROAD sales between June 2002 and May 2020 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 August 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 EAST ROAD be worth now?

2 EAST ROAD might now be worth an estimated £425,215.

This is based on house price inflation of 21.5%, between May 2020 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 21.5% inflationary increase is applied to the most recent sale price for 2 EAST ROAD of £350,000 on 27th May 2020. For the value to have increased from £350,000 to £425,215 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 2 EAST ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EAST ROAD has not materially changed since May 2020.

How Large is 2 EAST ROAD?

2 EAST ROAD is 127m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% 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 2 EAST ROAD lies on this distribution: 59% of detached houses houses are smaller than 2 EAST ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2 EAST ROAD: Plot and Title Map

2 EAST ROAD sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 2 EAST 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 EAST 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 EAST ROAD?

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