31, BRACES LANE, MARLBROOK, BROMSGROVE, B60 1ED - £265,000

31 BRACES LANE is a large extended detached house of 146m², built sometime between 1983 and 1990. It was last sold for £265,000 in January 2010, which was around 11% below the average January 2010 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

31 BRACES LANE Sold Prices

Land registry data shows three sales for 31 BRACES LANE 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 31 BRACES LANE 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 11 JAN	£265,000	£297,962	11% below HPI
2003 25 APR	£211,000	£227,961	7% below HPI
2002 12 DEC	£215,000	£217,812	1% below HPI

31 BRACES LANE 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 31 BRACES LANE sales between December 2002 and January 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 April 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2010 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 31 BRACES LANE?

31 BRACES LANE is 146m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Marlbrook, and where 31 BRACES LANE lies on this distribution: 80% of detached houses are smaller than 31 BRACES LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

31 BRACES LANE: Plot and Title Map

31 BRACES LANE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 31 BRACES LANE, 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 31 BRACES LANE). 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 31 BRACES LANE?

31 BRACES LANE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 31 on BRACES LANE.