2B, KING EDWARD ROAD, BROMSGROVE, B61 8SR - £317,300

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

2B KING EDWARD ROAD is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £317,300 in June 2021, which was around 30% below the average June 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

2B KING EDWARD ROAD Sold Prices

Land registry data shows five sales for 2B KING EDWARD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the five 2B KING EDWARD 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
2021 30 JUN	£317,300	£455,916	30% below HPI
2018 29 MAR	£250,000	£403,387	38% below HPI
2007 19 JAN	£205,000	£305,371	33% below HPI
2003 14 NOV	£180,000	£254,742	29% below HPI
1999 16 SEP	£72,000	£144,026	50% below HPI

2B KING EDWARD 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 five 2B KING EDWARD ROAD sales between September 1999 and June 2021 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 March 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2B KING EDWARD ROAD?

2B KING EDWARD ROAD is 97m² according to the EPC inspection conducted in March 2017. 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 2B KING EDWARD ROAD lies on this distribution: 21% of detached houses are smaller than 2B KING EDWARD ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

2B KING EDWARD ROAD: Plot and Title Map

2B KING EDWARD ROAD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 2B KING EDWARD 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 2B KING EDWARD 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 2B KING EDWARD ROAD?

2B KING EDWARD ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 2B on KING EDWARD ROAD.