38, VALENCIA ROAD, BROMSGROVE, B60 2SA - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 VALENCIA ROAD is a small extended detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £459,888. It was last sold for £325,000 in May 2016, which was around 12% below the average May 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

38 VALENCIA ROAD Sold Prices

Land registry data shows four sales for 38 VALENCIA ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 38 VALENCIA 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
2016 12 MAY	£325,000	£369,774	12% below HPI
2008 6 JUN	£260,000	£319,074	19% below HPI
2002 11 SEP	£199,500	£216,022	8% below HPI
2002 8 MAR	£168,995	£191,693	12% below HPI

38 VALENCIA 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 four 38 VALENCIA ROAD sales between March 2002 and May 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 June 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 38 VALENCIA ROAD be worth now?

38 VALENCIA ROAD might now be worth an estimated £459,888.

This is based on house price inflation of 41.5%, between May 2016 and February 2025, 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 41.5% inflationary increase is applied to the most recent sale price for 38 VALENCIA ROAD of £325,000 on 12th May 2016. For the value to have increased from £325,000 to £459,888 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 38 VALENCIA ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 38 VALENCIA ROAD has not materially changed since May 2016.

How Large is 38 VALENCIA ROAD?

38 VALENCIA ROAD is 106m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% 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 38 VALENCIA ROAD lies on this distribution: 31% of detached houses houses are smaller than 38 VALENCIA ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

38 VALENCIA ROAD: Plot and Title Map

38 VALENCIA ROAD sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 38 VALENCIA 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 VALENCIA 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 VALENCIA ROAD?

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