3, THE ORCHARD, BROMSGROVE, B61 8PZ - £395,000

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 THE ORCHARD is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £395,000 in December 2023, which was around 24% below the average December 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

3 THE ORCHARD Sold Prices

Land registry data shows four sales for 3 THE ORCHARD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 3 THE ORCHARD 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
2023 20 DEC	£395,000	£521,878	24% below HPI
2015 10 JUN	£263,500	£337,271	22% below HPI
2002 29 AUG	£169,950	£211,446	20% below HPI
1997 5 NOV	£98,000	£126,345	22% below HPI

3 THE ORCHARD 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 four 3 THE ORCHARD sales between November 1997 and December 2023 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 June 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 THE ORCHARD?

3 THE ORCHARD is 126m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% 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 THE ORCHARD lies on this distribution: 58% of detached houses are smaller than 3 THE ORCHARD, and 41% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

3 THE ORCHARD: Plot and Title Map

3 THE ORCHARD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 3 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

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