2, LICKEY SQUARE, LICKEY, BIRMINGHAM, B45 8HA - £224,000

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 LICKEY SQUARE is a very small extended detached house of 86m², built sometime before 1900. It was last sold for £224,000 in February 2014, which was around 29% below the average February 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was B.

2 LICKEY SQUARE Sold Prices

Land registry data shows two sales for 2 LICKEY SQUARE 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 LICKEY SQUARE 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
2014 7 FEB	£224,000	£317,186	29% below HPI
2003 28 MAR	£159,000	£228,921	31% below HPI

2 LICKEY SQUARE 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 LICKEY SQUARE sales from March 2003 and February 2014 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 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2014 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 LICKEY SQUARE?

2 LICKEY SQUARE is 86m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses by size in Lickey, and where 2 LICKEY SQUARE lies on this distribution: 7% of detached houses are smaller than 2 LICKEY SQUARE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lickey.

2 LICKEY SQUARE: Plot and Title Map

2 LICKEY SQUARE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 LICKEY SQUARE, 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 LICKEY SQUARE). 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 LICKEY SQUARE?

2 LICKEY SQUARE is located in LICKEY, in the B45 postcode district. The below map shows the position of No. 2 on LICKEY SQUARE.