23, MEDICI ROAD, BROMSGROVE, B60 2RL - £395,500

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

23 MEDICI ROAD is a very large detached house of 163m², built sometime between 1996 and 2002. It was last sold for £395,500 in July 2015, which was around 14% above the average July 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

23 MEDICI ROAD Sold Prices

Land registry data shows four sales for 23 MEDICI ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 23 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
2015 1 JUL	£395,500	£345,758	14% above HPI
2005 26 AUG	£345,000	£283,869	22% above HPI
2001 28 NOV	£250,000	£183,573	36% above HPI
2000 15 DEC	£236,000	£160,258	47% above HPI

23 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 four 23 MEDICI ROAD sales between December 2000 and July 2015 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 August 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 23 MEDICI ROAD?

23 MEDICI ROAD is 163m² according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 23 MEDICI ROAD lies on this distribution: 85% of detached houses are smaller than 23 MEDICI ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

23 MEDICI ROAD: Plot and Title Map

23 MEDICI ROAD sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 23 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 23 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 23 MEDICI ROAD?

23 MEDICI ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 23 on MEDICI ROAD.