22, LEA PARK RISE, BROMSGROVE, B61 0AU - £475,000

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

22 LEA PARK RISE is a large extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £475,000 in November 2022, which was around 8% below the average November 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

22 LEA PARK RISE Sold Prices

Land registry data shows two sales for 22 LEA PARK RISE 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 22 LEA PARK RISE 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
2022 24 NOV	£475,000	£513,842	8% below HPI
2009 24 APR	£240,000	£273,321	12% below HPI

22 LEA PARK RISE 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 22 LEA PARK RISE sales from April 2009 and November 2022 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 April 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 22 LEA PARK RISE?

22 LEA PARK RISE is 130m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 22 LEA PARK RISE lies on this distribution: 63% of detached houses are smaller than 22 LEA PARK RISE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

22 LEA PARK RISE: Plot and Title Map

22 LEA PARK RISE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 22 LEA PARK RISE, 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 22 LEA PARK RISE). 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 22 LEA PARK RISE?

22 LEA PARK RISE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 22 on LEA PARK RISE.