3, MALLOW DRIVE, BROMSGROVE, B61 0UP - £400,000

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

3 MALLOW DRIVE is a large detached house of 138m², built sometime between 1996 and 2002. It was last sold for £400,000 in October 2018, which was around 5% below the average October 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

3 MALLOW DRIVE Sold Prices

Land registry data shows three sales for 3 MALLOW DRIVE 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. Two of the three 3 MALLOW DRIVE sales were for below the average price, whilst one was for above 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 19 OCT	£400,000	£421,252	5% below HPI
2005 30 SEP	£280,000	£288,304	3% below HPI
2002 28 JUN	£212,500	£196,320	8% above HPI

3 MALLOW DRIVE 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 3 MALLOW DRIVE sales between June 2002 and October 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 September 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 MALLOW DRIVE?

3 MALLOW DRIVE is 138m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 3 MALLOW DRIVE lies on this distribution: 69% of detached houses are smaller than 3 MALLOW DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

3 MALLOW DRIVE: Plot and Title Map

3 MALLOW DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 MALLOW DRIVE, 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 3 MALLOW DRIVE). 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 3 MALLOW DRIVE?

3 MALLOW DRIVE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 3 on MALLOW DRIVE.