30, THE FLATS, BROMSGROVE, B61 8LE - £415,000

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

30 THE FLATS is a small detached house of 109m², built sometime between 1983 and 1990. It was last sold for £415,000 in July 2023, which was around 19% below the average July 2023 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.

30 THE FLATS Sold Prices

Land registry data shows two sales for 30 THE FLATS 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 30 THE FLATS 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 11 JUL	£415,000	£510,975	19% below HPI
2017 29 JUN	£300,000	£396,633	24% below HPI

30 THE FLATS 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 30 THE FLATS sales from June 2017 and July 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 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 30 THE FLATS?

30 THE FLATS is 109m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 30 THE FLATS lies on this distribution: 35% of detached houses are smaller than 30 THE FLATS, and 64% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

30 THE FLATS: Plot and Title Map

30 THE FLATS sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 30 THE FLATS, 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 30 THE FLATS). 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 30 THE FLATS?

30 THE FLATS is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 30 on THE FLATS.