4, FOX LANE, BROMSGROVE, B61 7NL - £470,000

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

4 FOX LANE is a midsized extended detached house of 113m², built sometime between 1950 and 1966. It was last sold for £470,000 in March 2023, which was around 10% below the average March 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

4 FOX LANE Sold Prices

Land registry data shows three sales for 4 FOX LANE 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 4 FOX LANE 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
2023 28 MAR	£470,000	£520,234	10% below HPI
2019 27 AUG	£355,000	£436,085	19% below HPI
2018 6 AUG	£316,000	£428,906	26% below HPI

4 FOX LANE 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 4 FOX LANE sales between August 2018 and March 2023 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 August 2019 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 FOX LANE?

4 FOX LANE is 113m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% 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 FOX LANE lies on this distribution: 41% of detached houses are smaller than 4 FOX LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

4 FOX LANE: Plot and Title Map

4 FOX LANE sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of 4 FOX LANE, 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 FOX LANE). 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 FOX LANE?

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