39, PROVIDENCE ROAD, BROMSGROVE, B61 8EG - £280,000

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.

39 PROVIDENCE ROAD is a very small extended detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £365,216. It was last sold for £280,000 in February 2018, which was around 30% below the average February 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

39 PROVIDENCE ROAD Sold Prices

Land registry data shows three sales for 39 PROVIDENCE ROAD 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 39 PROVIDENCE 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
2018 6 FEB	£280,000	£401,156	30% below HPI
2017 30 NOV	£275,000	£414,224	34% below HPI
2003 20 OCT	£187,500	£257,097	27% below HPI

39 PROVIDENCE 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 three 39 PROVIDENCE ROAD sales between October 2003 and February 2018 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 39 PROVIDENCE ROAD be worth now?

39 PROVIDENCE ROAD might now be worth an estimated £365,216.

This is based on house price inflation of 30.4%, between February 2018 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 30.4% inflationary increase is applied to the most recent sale price for 39 PROVIDENCE ROAD of £280,000 on 6th February 2018. For the value to have increased from £280,000 to £365,216 over the seven years to February 2025, the following assumptions must hold true:

• The value of 39 PROVIDENCE ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The February 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 39 PROVIDENCE ROAD has not materially changed since February 2018.

How Large is 39 PROVIDENCE ROAD?

39 PROVIDENCE ROAD is 82m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% 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 39 PROVIDENCE ROAD lies on this distribution: 9% of detached houses houses are smaller than 39 PROVIDENCE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

39 PROVIDENCE ROAD: Plot and Title Map

39 PROVIDENCE ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 39 PROVIDENCE 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 39 PROVIDENCE 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 39 PROVIDENCE ROAD?

39 PROVIDENCE ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 39 on PROVIDENCE ROAD.