23, PALMYRA ROAD, BROMSGROVE, B60 2RH - £290,000

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

23 PALMYRA ROAD is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £290,000 in October 2015, which was around 18% below the average October 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 B.

23 PALMYRA ROAD Sold Prices

Land registry data shows two sales for 23 PALMYRA ROAD 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 23 PALMYRA 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
2015 15 OCT	£290,000	£354,246	18% below HPI
2003 10 NOV	£239,000	£254,742	6% below HPI

23 PALMYRA 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 two 23 PALMYRA ROAD sales from November 2003 and October 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 November 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 23 PALMYRA ROAD?

23 PALMYRA ROAD is 120m² according to the EPC inspection conducted in March 2015. 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 23 PALMYRA ROAD lies on this distribution: 50% of detached houses are smaller than 23 PALMYRA ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

23 PALMYRA ROAD: Plot and Title Map

23 PALMYRA ROAD sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 23 PALMYRA 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 PALMYRA 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 PALMYRA ROAD?

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