4, ASPENS WAY, BROMSGROVE, B61 0UW - £305,000

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 ASPENS WAY is a very small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £305,000 in February 2020, which was around 29% below the average February 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

4 ASPENS WAY Sold Prices

Land registry data shows four sales for 4 ASPENS WAY 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 4 ASPENS WAY 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
2020 21 FEB	£305,000	£430,417	29% below HPI
2012 28 SEP	£230,000	£303,082	24% below HPI
2003 2 JUL	£199,950	£242,092	17% below HPI
2001 29 JUN	£135,995	£168,147	19% below HPI

4 ASPENS WAY 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 ASPENS WAY sales between June 2001 and February 2020 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 September 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 ASPENS WAY?

4 ASPENS WAY is 94m², which includes one extension, according to the EPC inspection conducted in September 2019. 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 4 ASPENS WAY lies on this distribution: 18% of detached houses are smaller than 4 ASPENS WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

4 ASPENS WAY: Plot and Title Map

4 ASPENS WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 4 ASPENS WAY, 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 ASPENS WAY). 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 ASPENS WAY?

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