24, GIBB LANE, CATSHILL, BROMSGROVE, B61 0JP - £342,000

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

24 GIBB LANE is a small extended detached house of 92m², built sometime between 1900 and 1929. It was last sold for £342,000 in September 2014, which was around 2% above the average September 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

24 GIBB LANE Sold Prices

Land registry data shows two sales for 24 GIBB LANE 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 24 GIBB LANE 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
2014 9 SEP	£342,000	£333,919	2% above HPI
1999 5 MAR	£155,000	£135,846	14% above HPI

24 GIBB LANE 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 24 GIBB LANE sales from March 1999 and September 2014 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 March 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2014 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 24 GIBB LANE?

24 GIBB LANE is 92m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of detached houses in Catshill, based on EPC data. The below chart shows the distribution of detached houses by size in Catshill, and where 24 GIBB LANE lies on this distribution: 20% of detached houses are smaller than 24 GIBB LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Catshill.

24 GIBB LANE: Plot and Title Map

24 GIBB LANE sits on a plot of roughly 0.240 of an acre, or 973m². The below map shows the location of 24 GIBB LANE, 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 24 GIBB LANE). 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 24 GIBB LANE?

24 GIBB LANE is located in CATSHILL, in the B61 postcode district. The below map shows the position of No. 24 on GIBB LANE.