41, BROMSGROVE ROAD, ROMSLEY, HALESOWEN, B62 0LE - £543,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 BROMSGROVE ROAD is a very large detached house of 172m², built sometime between 1967 and 1975, which could now be worth an estimated £646,515. It was last sold for £543,000 in January 2020, which was around 24% above the average January 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

41 BROMSGROVE ROAD Sold Prices

Land registry data shows three sales for 41 BROMSGROVE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 41 BROMSGROVE ROAD 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
2020 30 JAN	£543,000	£439,467	24% above HPI
2016 16 DEC	£384,500	£380,830	1% above HPI
1996 20 JUN	£166,000	£107,962	54% above HPI

41 BROMSGROVE 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 three 41 BROMSGROVE ROAD sales between June 1996 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 December 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 41 BROMSGROVE ROAD be worth now?

41 BROMSGROVE ROAD might now be worth an estimated £646,515.

This is based on house price inflation of 19.1%, between January 2020 and February 2025, 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 19.1% inflationary increase is applied to the most recent sale price for 41 BROMSGROVE ROAD of £543,000 on 30th January 2020. For the value to have increased from £543,000 to £646,515 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 41 BROMSGROVE ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The January 2020 sale price of £543,000 represented a fair market value for the property.
• The size, condition, and specification of 41 BROMSGROVE ROAD has not materially changed since January 2020.

How Large is 41 BROMSGROVE ROAD?

41 BROMSGROVE ROAD is 172m² according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses houses in Romsley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romsley, and where 41 BROMSGROVE ROAD lies on this distribution: 85% of detached houses houses are smaller than 41 BROMSGROVE ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Romsley.

41 BROMSGROVE ROAD: Plot and Title Map

41 BROMSGROVE ROAD sits on a plot of roughly 0.246 of an acre, or 995m². The below map shows the location of 41 BROMSGROVE 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 41 BROMSGROVE 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 41 BROMSGROVE ROAD?

41 BROMSGROVE ROAD is located in ROMSLEY, in the B62 postcode district. The below map shows the position of No. 41 on BROMSGROVE ROAD.