4, HEATH CLOSE, STOKE HEATH, BROMSGROVE, B60 3RA - £111,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 HEATH CLOSE is a large detached house of 139m², built sometime between 1991 and 1995, which could now be worth an estimated £427,143. It was last sold for £111,000 in May 1998, which was around 16% below the average May 1998 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

4 HEATH CLOSE Sold Prices

Land registry data shows two sales for 4 HEATH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. One of the two 4 HEATH CLOSE sales was for below the average price, whilst the other was 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
1998 29 MAY	£111,000	£131,895	16% below HPI
1996 12 DEC	£111,000	£109,765	1% above HPI

4 HEATH CLOSE 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 two 4 HEATH CLOSE sales from December 1996 and May 1998 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 December 1996 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 1998 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 HEATH CLOSE be worth now?

4 HEATH CLOSE might now be worth an estimated £427,143.

This is based on house price inflation of 284.8%, between May 1998 and December 2024, 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 284.8% inflationary increase is applied to the most recent sale price for 4 HEATH CLOSE of £111,000 on 29th May 1998. For the value to have increased from £111,000 to £427,143 over the 25 years and five months to December 2024, the following assumptions must hold true:

• The value of 4 HEATH CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 1998 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HEATH CLOSE has not materially changed since May 1998.

How Large is 4 HEATH CLOSE?

4 HEATH CLOSE is 139m² according to the EPC inspection conducted in November 2015. This puts it in the largest 30% 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 4 HEATH CLOSE lies on this distribution: 70% of detached houses houses are smaller than 4 HEATH CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

4 HEATH CLOSE: Plot and Title Map

4 HEATH CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 4 HEATH CLOSE, 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 HEATH CLOSE). 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 HEATH CLOSE?

4 HEATH CLOSE is located in STOKE HEATH, in the B60 postcode district. The below map shows the position of No. 4 on HEATH CLOSE.