223B, STOURBRIDGE ROAD, BROMSGROVE, B61 0AT - £410,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

223B STOURBRIDGE ROAD is a large detached house of 129m², built sometime between 2003 and 2006, which could now be worth an estimated £466,559. It was last sold for £410,000 in November 2020, which was around 11% below the average November 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

223B STOURBRIDGE ROAD Sold Prices

Land registry data shows three sales for 223B STOURBRIDGE 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. Two of the three 223B STOURBRIDGE ROAD sales were for below the average price, whilst one was 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
2020 24 NOV	£410,000	£459,814	11% below HPI
2014 15 SEP	£299,950	£336,214	11% below HPI
2006 27 OCT	£315,000	£305,591	3% above HPI

223B STOURBRIDGE 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 223B STOURBRIDGE ROAD sales between October 2006 and November 2020 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 September 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2020 sale, which was also at 11% below the HPI.

What might 223B STOURBRIDGE ROAD be worth now?

223B STOURBRIDGE ROAD might now be worth an estimated £466,559.

This is based on house price inflation of 13.8%, between November 2020 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 223B STOURBRIDGE ROAD of £410,000 on 24th November 2020. For the value to have increased from £410,000 to £466,559 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 223B STOURBRIDGE ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The November 2020 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 223B STOURBRIDGE ROAD has not materially changed since November 2020.

How Large is 223B STOURBRIDGE ROAD?

223B STOURBRIDGE ROAD is 129m² according to the EPC inspection conducted in May 2012. This puts it in the largest 40% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 223B STOURBRIDGE ROAD lies on this distribution: 62% of detached houses houses are smaller than 223B STOURBRIDGE ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

223B STOURBRIDGE ROAD: Plot and Title Map

223B STOURBRIDGE ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 223B STOURBRIDGE 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 223B STOURBRIDGE 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 223B STOURBRIDGE ROAD?

223B STOURBRIDGE ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 223B on STOURBRIDGE ROAD.