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 PAPWORTH DRIVE is a small detached house of 112m², built sometime between 1991 and 1995. It was last sold for £342,000 in December 2021, which was around 29% below the average December 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 4 PAPWORTH DRIVE since 1st 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 PAPWORTH DRIVE 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 |
---|---|---|---|
2021 3 DEC | £342,000 | £481,872 | 29% below HPI |
2014 8 JAN | £247,500 | £311,978 | 21% below HPI |
2001 5 OCT | £144,950 | £179,314 | 19% below HPI |
1995 20 DEC | £98,500 | £104,472 | 6% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 4 PAPWORTH DRIVE sales between December 1995 and December 2021 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
4 PAPWORTH DRIVE is 112m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% 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 PAPWORTH DRIVE lies on this distribution: 39% of detached houses are smaller than 4 PAPWORTH DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.
4 PAPWORTH DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 4 PAPWORTH DRIVE, 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 PAPWORTH DRIVE). 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.
4 PAPWORTH DRIVE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 4 on PAPWORTH DRIVE.