27, MILESTONE DRIVE, HAGLEY, STOURBRIDGE, DY9 0LW - £240,000

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

27 MILESTONE DRIVE is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £240,000 in August 2004, which was around 13% below the average August 2004 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

27 MILESTONE DRIVE Sold Prices

Land registry data shows two sales for 27 MILESTONE DRIVE 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 27 MILESTONE DRIVE 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
2004 4 AUG	£240,000	£276,304	13% below HPI
1998 12 NOV	£78,500	£135,700	42% below HPI

27 MILESTONE DRIVE 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 27 MILESTONE DRIVE sales from November 1998 and August 2004 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 1998 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2004 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 27 MILESTONE DRIVE?

27 MILESTONE DRIVE is 78m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 27 MILESTONE DRIVE lies on this distribution: 5% of detached houses are smaller than 27 MILESTONE DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hagley.

27 MILESTONE DRIVE: Plot and Title Map

27 MILESTONE DRIVE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 27 MILESTONE DRIVE, 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 27 MILESTONE DRIVE). 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 27 MILESTONE DRIVE?

27 MILESTONE DRIVE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 27 on MILESTONE DRIVE.