38, MOUNTSERRAT ROAD, BROMSGROVE, B60 2RX - £375,000

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

38 MOUNTSERRAT ROAD is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £375,000 in July 2023, which was around 27% below the average July 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

38 MOUNTSERRAT ROAD Sold Prices

Land registry data shows five sales for 38 MOUNTSERRAT ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the five 38 MOUNTSERRAT 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
2023 24 JUL	£375,000	£510,975	27% below HPI
2017 27 NOV	£282,000	£411,396	31% below HPI
2010 29 OCT	£215,000	£306,749	30% below HPI
2005 1 NOV	£200,000	£293,808	32% below HPI
2001 31 AUG	£136,995	£176,199	22% below HPI

38 MOUNTSERRAT 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 five 38 MOUNTSERRAT ROAD sales between August 2001 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 November 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 MOUNTSERRAT ROAD?

38 MOUNTSERRAT ROAD is 85m² according to the EPC inspection conducted in May 2022. 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 38 MOUNTSERRAT ROAD lies on this distribution: 10% of detached houses are smaller than 38 MOUNTSERRAT ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

38 MOUNTSERRAT ROAD: Plot and Title Map

38 MOUNTSERRAT ROAD sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 38 MOUNTSERRAT 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 38 MOUNTSERRAT 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 38 MOUNTSERRAT ROAD?

38 MOUNTSERRAT ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 38 on MOUNTSERRAT ROAD.