4, MARTINGALE CLOSE, BROMSGROVE, B60 3PW - £350,000

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 MARTINGALE CLOSE is a midsized detached house of 120m², built sometime between 1983 and 1990. It was last sold for £350,000 in August 2018, which was around 18% below the average August 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

4 MARTINGALE CLOSE Sold Prices

Land registry data shows two sales for 4 MARTINGALE 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. Both of the two 4 MARTINGALE CLOSE 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
2018 30 AUG	£350,000	£428,906	18% below HPI
1997 30 JAN	£95,900	£112,198	15% below HPI

4 MARTINGALE 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 MARTINGALE CLOSE sales from January 1997 and August 2018 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 January 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 MARTINGALE CLOSE?

4 MARTINGALE CLOSE is 120m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 MARTINGALE CLOSE lies on this distribution: 50% of detached houses are smaller than 4 MARTINGALE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

4 MARTINGALE CLOSE: Plot and Title Map

4 MARTINGALE CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 4 MARTINGALE 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 MARTINGALE 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 MARTINGALE CLOSE?

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