4, WESTMINSTER CLOSE, BROMSGROVE, B61 7PP - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 WESTMINSTER CLOSE is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £300,000 in January 2020, which was around 31% below the average January 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

4 WESTMINSTER CLOSE Sold Prices

Land registry data shows two sales for 4 WESTMINSTER 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 WESTMINSTER 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
2020 31 JAN	£300,000	£436,467	31% below HPI
2017 3 FEB	£300,000	£385,780	22% below HPI

4 WESTMINSTER 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 WESTMINSTER CLOSE sales from February 2017 and January 2020 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 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 WESTMINSTER CLOSE?

4 WESTMINSTER CLOSE is 113m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 WESTMINSTER CLOSE lies on this distribution: 41% of detached houses are smaller than 4 WESTMINSTER CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

4 WESTMINSTER CLOSE: Plot and Title Map

4 WESTMINSTER CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 4 WESTMINSTER 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 WESTMINSTER 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 WESTMINSTER CLOSE?

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