3, VERONA ROAD, BROMSGROVE, B60 2SS - £275,000

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 VERONA ROAD is a very small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £275,000 in August 2017, which was around 33% below the average August 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 VERONA ROAD Sold Prices

Land registry data shows three sales for 3 VERONA 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 3 VERONA 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
2017 25 AUG	£275,000	£407,615	33% below HPI
2014 25 JUL	£239,950	£324,031	26% below HPI
2002 22 NOV	£146,000	£220,109	34% below HPI

3 VERONA 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 3 VERONA ROAD sales between November 2002 and August 2017 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 July 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 VERONA ROAD?

3 VERONA ROAD is 86m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 3 VERONA ROAD lies on this distribution: 11% of detached houses are smaller than 3 VERONA ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

3 VERONA ROAD: Plot and Title Map

3 VERONA ROAD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 3 VERONA 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 3 VERONA 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 3 VERONA ROAD?

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