39, REDDITCH ROAD, STOKE HEATH, BROMSGROVE, B60 4JW - £232,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

39 REDDITCH ROAD is a very small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £232,500 in May 2013, which was around 25% below the average May 2013 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

39 REDDITCH ROAD Sold Prices

Land registry data shows three sales for 39 REDDITCH 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 REDDITCH 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
2013 24 MAY	£232,500	£308,016	25% below HPI
2005 25 FEB	£220,000	£281,893	22% below HPI
2001 8 FEB	£139,950	£165,302	15% below HPI

39 REDDITCH 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 REDDITCH ROAD sales between February 2001 and May 2013 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 February 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 39 REDDITCH ROAD?

39 REDDITCH ROAD is 91m², which includes one extension, according to the EPC inspection conducted in February 2013. 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 39 REDDITCH ROAD lies on this distribution: 15% of detached houses are smaller than 39 REDDITCH ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

39 REDDITCH ROAD: Plot and Title Map

39 REDDITCH ROAD sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 39 REDDITCH 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 REDDITCH 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 REDDITCH ROAD?

39 REDDITCH ROAD is located in STOKE HEATH, in the B60 postcode district. The below map shows the position of No. 39 on REDDITCH ROAD.