40, NEW ROAD, BROMSGROVE, B60 2JS - £275,000

40 NEW ROAD is a very small extended detached house of 82m², built sometime before 1900. It was last sold for £275,000 in February 2017, which was around 29% below the average February 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was E.

40 NEW ROAD Sold Prices

Land registry data shows four sales for 40 NEW ROAD 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 40 NEW ROAD 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
2017 10 FEB	£275,000	£385,780	29% below HPI
2008 19 DEC	£238,000	£291,802	18% below HPI
2007 3 MAY	£210,000	£304,569	31% below HPI
1996 11 DEC	£83,500	£109,015	23% below HPI

40 NEW ROAD 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 40 NEW ROAD sales between December 1996 and February 2017 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 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 40 NEW ROAD?

40 NEW ROAD is 82m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 40 NEW ROAD lies on this distribution: 9% of detached houses are smaller than 40 NEW ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

40 NEW ROAD: Plot and Title Map

40 NEW ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 40 NEW ROAD, 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 40 NEW ROAD). 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 40 NEW ROAD?

40 NEW ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 40 on NEW ROAD.