21, MEDICI ROAD, BROMSGROVE, B60 2RL - £540,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 MEDICI ROAD is a very large extended detached house of 176m², built sometime between 1996 and 2002. It was last sold for £540,000 in June 2021, which was around 18% above the average June 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was C.

21 MEDICI ROAD Sold Prices

Land registry data shows two sales for 21 MEDICI ROAD 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 21 MEDICI ROAD sales were for above 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 28 JUN	£540,000	£455,916	18% above HPI
2000 4 DEC	£234,000	£160,258	46% above HPI

21 MEDICI 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 two 21 MEDICI ROAD sales from December 2000 and June 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 December 2000 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 21 MEDICI ROAD?

21 MEDICI ROAD is 176m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 10% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 21 MEDICI ROAD lies on this distribution: 91% of detached houses are smaller than 21 MEDICI ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

21 MEDICI ROAD: Plot and Title Map

21 MEDICI ROAD sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 21 MEDICI 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 21 MEDICI 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 21 MEDICI ROAD?

21 MEDICI ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 21 on MEDICI ROAD.