3, RAILWAY WALK, BROMSGROVE, B60 3GJ - £148,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 RAILWAY WALK is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £148,000 in October 2010, which was around 52% below the average October 2010 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was C.

3 RAILWAY WALK Sold Prices

Land registry data shows two sales for 3 RAILWAY WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 3 RAILWAY WALK 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
2010 8 OCT	£148,000	£306,749	52% below HPI
2004 10 DEC	£142,500	£282,151	49% below HPI

3 RAILWAY WALK 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 two 3 RAILWAY WALK sales from December 2004 and October 2010 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 2004 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2010 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 3 RAILWAY WALK?

3 RAILWAY WALK is 67m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% 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 RAILWAY WALK lies on this distribution: 2% of detached houses are smaller than 3 RAILWAY WALK, and 97% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

3 RAILWAY WALK: Plot and Title Map

3 RAILWAY WALK sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 3 RAILWAY WALK, 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 RAILWAY WALK). 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 RAILWAY WALK?

3 RAILWAY WALK is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 3 on RAILWAY WALK.