28A, GIBB LANE, CATSHILL, BROMSGROVE, B61 0JP - £138,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28A GIBB LANE is a very small semi-detached house of 44m², which could now be worth an estimated £170,982. It was last sold for £138,000 in June 2019, which was around 48% below the average June 2019 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

28A GIBB LANE Sold Prices

Land registry data shows two sales for 28A GIBB LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 28A GIBB LANE 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
2019 7 JUN	£138,000	£264,898	48% below HPI
2017 7 NOV	£108,000	£249,189	57% below HPI

28A GIBB LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 28A GIBB LANE sales from November 2017 and June 2019 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 2017 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2019 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 28A GIBB LANE be worth now?

28A GIBB LANE might now be worth an estimated £170,982.

This is based on house price inflation of 23.9%, between June 2019 and February 2025, for semi-detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for 28A GIBB LANE of £138,000 on 7th June 2019. For the value to have increased from £138,000 to £170,982 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 28A GIBB LANE has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The June 2019 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 28A GIBB LANE has not materially changed since June 2019.

How Large is 28A GIBB LANE?

28A GIBB LANE is 44m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of semi-detached houses houses in Catshill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Catshill, and where 28A GIBB LANE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 28A GIBB LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Catshill.

28A GIBB LANE: Plot and Title Map

28A GIBB LANE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 28A 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 28A 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 28A GIBB LANE?

28A GIBB LANE is located in CATSHILL, in the B61 postcode district. The below map shows the position of No. 28A on GIBB LANE.