4, REED MACE DRIVE, BROMSGROVE, B61 0UJ - £395,000

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 REED MACE DRIVE is a very large detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £575,877. It was last sold for £395,000 in July 2015, which was around 13% above the average July 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

4 REED MACE DRIVE Sold Prices

Land registry data shows two sales for 4 REED MACE DRIVE 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 REED MACE DRIVE sales were 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
2015 29 JUL	£395,000	£348,134	13% above HPI
2002 6 DEC	£249,000	£219,310	14% above HPI

4 REED MACE DRIVE 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 REED MACE DRIVE sales from December 2002 and July 2015 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 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 4 REED MACE DRIVE be worth now?

4 REED MACE DRIVE might now be worth an estimated £575,877.

This is based on house price inflation of 45.8%, between July 2015 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 45.8% inflationary increase is applied to the most recent sale price for 4 REED MACE DRIVE of £395,000 on 29th July 2015. For the value to have increased from £395,000 to £575,877 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 4 REED MACE DRIVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The July 2015 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 4 REED MACE DRIVE has not materially changed since July 2015.

How Large is 4 REED MACE DRIVE?

4 REED MACE DRIVE is 163m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% 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 REED MACE DRIVE lies on this distribution: 86% of detached houses houses are smaller than 4 REED MACE DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

4 REED MACE DRIVE: Plot and Title Map

4 REED MACE DRIVE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 4 REED MACE 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 REED MACE 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.

Where is 4 REED MACE DRIVE?

4 REED MACE DRIVE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 4 on REED MACE DRIVE.