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
229 STOURBRIDGE ROAD is a midsized extended detached house of 125m², built sometime before 1900. It was last sold for £340,000 in May 2023, which was around 31% below the average May 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2023, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows two sales for 229 STOURBRIDGE ROAD since 1st 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 229 STOURBRIDGE ROAD 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 |
---|---|---|---|
2023 18 MAY | £340,000 | £493,181 | 31% below HPI |
1999 30 SEP | £127,500 | £144,026 | 11% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 229 STOURBRIDGE ROAD sales from September 1999 and May 2023 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 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
229 STOURBRIDGE ROAD is 125m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 50% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 229 STOURBRIDGE ROAD lies on this distribution: 57% of detached houses are smaller than 229 STOURBRIDGE ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.
229 STOURBRIDGE ROAD sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 229 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 229 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.
229 STOURBRIDGE ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 229 on STOURBRIDGE ROAD.