4, PAGET CLOSE, BROMSGROVE, B61 7JE - £310,000

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 PAGET CLOSE is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £310,000 in May 2018, which was around 25% below the average May 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

4 PAGET CLOSE Sold Prices

Land registry data shows four sales for 4 PAGET CLOSE 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 PAGET 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 18 MAY	£310,000	£413,343	25% below HPI
2011 25 FEB	£235,000	£311,267	25% below HPI
2002 31 MAY	£170,000	£189,616	10% below HPI
1999 26 MAR	£100,000	£135,846	26% below HPI

4 PAGET 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 four 4 PAGET CLOSE sales between March 1999 and May 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 February 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2018 sale, which was also at 25% below the HPI.

How Large is 4 PAGET CLOSE?

4 PAGET CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 PAGET CLOSE lies on this distribution: 13% of detached houses are smaller than 4 PAGET CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

4 PAGET CLOSE: Plot and Title Map

4 PAGET CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 4 PAGET 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 PAGET 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 PAGET CLOSE?

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