32, FORGE AVENUE, BROMSGROVE, B60 3GG - £315,000

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

32 FORGE AVENUE is a small detached house of 112m², built sometime between 2003 and 2006. It was last sold for £315,000 in October 2016, which was around 18% below the average October 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

32 FORGE AVENUE Sold Prices

Land registry data shows two sales for 32 FORGE AVENUE 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 32 FORGE AVENUE 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
2016 7 OCT	£315,000	£383,776	18% below HPI
2005 22 NOV	£249,995	£293,808	15% below HPI

32 FORGE AVENUE 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 32 FORGE AVENUE sales from November 2005 and October 2016 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 November 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 32 FORGE AVENUE?

32 FORGE AVENUE is 112m² according to the EPC inspection conducted in May 2016. 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 32 FORGE AVENUE lies on this distribution: 39% of detached houses are smaller than 32 FORGE AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

32 FORGE AVENUE: Plot and Title Map

32 FORGE AVENUE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 32 FORGE AVENUE, 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 32 FORGE AVENUE). 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 32 FORGE AVENUE?

32 FORGE AVENUE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 32 on FORGE AVENUE.