29, NEW ROAD, SIDEMOOR, BROMSGROVE, B61 8QB - £345,000

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

29 NEW ROAD is a very small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £345,000 in January 2022, which was around 29% below the average January 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

29 NEW ROAD Sold Prices

Land registry data shows three sales for 29 NEW ROAD since 1^st 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 29 NEW 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
2022 28 JAN	£345,000	£487,227	29% below HPI
2013 19 DEC	£180,000	£315,422	43% below HPI
2009 27 JUL	£170,000	£291,077	42% below HPI

29 NEW ROAD 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 three 29 NEW ROAD sales between July 2009 and January 2022 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 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 29 NEW ROAD?

29 NEW ROAD is 94m², which includes one extension, according to the EPC inspection conducted in September 2013. 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 29 NEW ROAD lies on this distribution: 18% of detached houses are smaller than 29 NEW ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

29 NEW ROAD: Plot and Title Map

29 NEW ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 29 NEW 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 29 NEW 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.

Where is 29 NEW ROAD?

29 NEW ROAD is located in SIDEMOOR, in the B61 postcode district. The below map shows the position of No. 29 on NEW ROAD.