31, NORTON WAY, BROMSGROVE, B61 0FD - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 NORTON WAY is a large detached house of 139m², which could now be worth an estimated £525,185. It was last sold for £475,000 in June 2021, which was around 3% above the average June 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

31 NORTON WAY Sold Prices

Land registry data shows two sales for 31 NORTON WAY 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 31 NORTON WAY sales were for above 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
2021 11 JUN	£475,000	£459,050	3% above HPI
2020 25 JUN	£485,000	£431,173	12% above HPI

31 NORTON WAY 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 31 NORTON WAY sales from June 2020 and June 2021 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 2020 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 31 NORTON WAY be worth now?

31 NORTON WAY might now be worth an estimated £525,185.

This is based on house price inflation of 10.6%, between June 2021 and December 2024, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.6% inflationary increase is applied to the most recent sale price for 31 NORTON WAY of £475,000 on 11th June 2021. For the value to have increased from £475,000 to £525,185 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 31 NORTON WAY has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The June 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 31 NORTON WAY has not materially changed since June 2021.

How Large is 31 NORTON WAY?

31 NORTON WAY is 139m² according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 31 NORTON WAY lies on this distribution: 70% of detached houses houses are smaller than 31 NORTON WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

31 NORTON WAY: Plot and Title Map

31 NORTON WAY sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 31 NORTON WAY, 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 NORTON WAY). 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 NORTON WAY?

31 NORTON WAY is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 31 on NORTON WAY.