2, HILL LANE, BROMSGROVE, B60 2BP - £360,000

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 HILL LANE is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £360,000 in July 2021, which was around 21% below the average July 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

2 HILL LANE Sold Prices

Land registry data shows three sales for 2 HILL 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 HILL 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
2021 21 JUL	£360,000	£455,049	21% below HPI
2002 22 FEB	£165,000	£188,749	13% below HPI
2000 31 JAN	£132,000	£152,774	14% below HPI

2 HILL 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 HILL LANE sales between January 2000 and July 2021 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 February 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 HILL LANE?

2 HILL LANE is 98m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% 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 HILL LANE lies on this distribution: 22% of detached houses are smaller than 2 HILL LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2 HILL LANE: Plot and Title Map

2 HILL LANE sits on a plot of roughly 0.106 of an acre, or 431m². The below map shows the location of 2 HILL 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 HILL 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 HILL LANE?

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