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
28 PROVIDENCE ROAD is a very small detached house of 88m², built sometime between 2003 and 2006. It was last sold for £276,000 in April 2018, which was around 34% below the average April 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 28 PROVIDENCE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 28 PROVIDENCE 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 |
---|---|---|---|
2018 20 APR | £276,000 | £417,689 | 34% below HPI |
2016 12 DEC | £258,000 | £378,230 | 32% below HPI |
2003 15 AUG | £177,950 | £250,783 | 29% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 28 PROVIDENCE ROAD sales between August 2003 and April 2018 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 December 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
28 PROVIDENCE ROAD is 88m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 28 PROVIDENCE ROAD lies on this distribution: 12% of detached houses are smaller than 28 PROVIDENCE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.
28 PROVIDENCE ROAD sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 28 PROVIDENCE 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 28 PROVIDENCE 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.
28 PROVIDENCE ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 28 on PROVIDENCE ROAD.