21, PARK ROAD, HAGLEY, STOURBRIDGE, DY9 0NS - £425,000

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 PARK ROAD is a large extended detached house of 176m², built sometime between 1900 and 1929. It was last sold for £425,000 in January 2016, which was around 18% above the average January 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

21 PARK ROAD Sold Prices

Land registry data shows three sales for 21 PARK 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 21 PARK 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
2016 29 JAN	£425,000	£360,446	18% above HPI
2003 18 JUL	£385,000	£242,092	59% above HPI
2002 11 SEP	£250,000	£214,547	17% above HPI

21 PARK 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 21 PARK ROAD sales between September 2002 and January 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 July 2003 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the January 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 21 PARK ROAD?

21 PARK ROAD is 176m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 21 PARK ROAD lies on this distribution: 67% of detached houses are smaller than 21 PARK ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Hagley.

21 PARK ROAD: Plot and Title Map

21 PARK ROAD sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 21 PARK 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 PARK 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 PARK ROAD?

21 PARK ROAD is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 21 on PARK ROAD.