2, MILL CLOSE, BROOM, ALCESTER, B50 4HT - £320,000

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 MILL CLOSE is a small detached house of 115m², built sometime between 1976 and 1982. It was last sold for £320,000 in December 2016, which was around 32% below the average December 2016 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

2 MILL CLOSE Sold Prices

Land registry data shows three sales for 2 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the three 2 MILL 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
2016 2 DEC	£320,000	£468,833	32% below HPI
2014 2 MAY	£310,000	£398,039	22% below HPI
2003 5 SEP	£215,000	£290,135	26% below HPI

2 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The three 2 MILL CLOSE sales between September 2003 and December 2016 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 May 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 MILL CLOSE?

2 MILL CLOSE is 115m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Broom, based on EPC data. The below chart shows the distribution of detached houses by size in Broom, and where 2 MILL CLOSE lies on this distribution: 20% of detached houses are smaller than 2 MILL CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Broom.

2 MILL CLOSE: Plot and Title Map

2 MILL CLOSE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 2 MILL 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 MILL 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 MILL CLOSE?

2 MILL CLOSE is located in BROOM, in the B50 postcode district. The below map shows the position of No. 2 on MILL CLOSE.