4, ALBERT ROAD, BROMSGROVE, B61 7BE - £490,000

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

4 ALBERT ROAD is a large extended detached house of 131m², built sometime before 1900. It was last sold for £490,000 in November 2021, which was around 3% above the average November 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

4 ALBERT ROAD Sold Prices

Land registry data shows four sales for 4 ALBERT 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. Most of the four 4 ALBERT ROAD sales were for above 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
2021 1 NOV	£490,000	£474,536	3% above HPI
2004 28 OCT	£350,000	£278,849	26% above HPI
2000 28 JAN	£149,000	£152,774	2% below HPI
1998 25 MAR	£135,000	£127,935	6% above HPI

4 ALBERT 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 4 ALBERT ROAD sales between March 1998 and November 2021 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 October 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 4 ALBERT ROAD?

4 ALBERT ROAD is 131m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 4 ALBERT ROAD lies on this distribution: 64% of detached houses are smaller than 4 ALBERT ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

4 ALBERT ROAD: Plot and Title Map

4 ALBERT ROAD sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of 4 ALBERT 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 4 ALBERT 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 4 ALBERT ROAD?

4 ALBERT ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 4 on ALBERT ROAD.