28, FORGE AVENUE, BROMSGROVE, B60 3GG - £350,000

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

28 FORGE AVENUE is a small detached house of 100m², built sometime between 2003 and 2006. It was last sold for £350,000 in July 2024, which was around 31% below the average July 2024 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

28 FORGE AVENUE Sold Prices

Land registry data shows four sales for 28 FORGE AVENUE 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 28 FORGE AVENUE 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
2024 23 JUL	£350,000	£503,984	31% below HPI
2022 11 NOV	£382,000	£513,842	26% below HPI
2017 31 MAR	£260,000	£387,866	33% below HPI
2005 30 SEP	£225,995	£288,304	22% below HPI

28 FORGE AVENUE 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 28 FORGE AVENUE sales between September 2005 and July 2024 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 2022 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 28 FORGE AVENUE?

28 FORGE AVENUE is 100m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 28 FORGE AVENUE lies on this distribution: 24% of detached houses are smaller than 28 FORGE AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

28 FORGE AVENUE: Plot and Title Map

28 FORGE AVENUE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 28 FORGE AVENUE, 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 28 FORGE AVENUE). 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 28 FORGE AVENUE?

28 FORGE AVENUE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 28 on FORGE AVENUE.