43, THE FLATS, BROMSGROVE, B61 8LB - £275,000

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

43 THE FLATS is a very small detached house of 86m². It was last sold for £275,000 in November 2020, which was around 40% below the average November 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

43 THE FLATS Sold Prices

Land registry data shows five sales for 43 THE FLATS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the five 43 THE FLATS 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 27 NOV	£275,000	£456,675	40% below HPI
2018 30 AUG	£257,000	£428,906	40% below HPI
2017 12 MAY	£245,000	£390,687	37% below HPI
2014 5 SEP	£215,000	£333,919	36% below HPI
2013 15 JUL	£194,500	£303,940	36% below HPI

43 THE FLATS 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 five 43 THE FLATS sales between July 2013 and November 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 August 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2020 sale, which was also at 40% below the HPI.

How Large is 43 THE FLATS?

43 THE FLATS is 86m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 43 THE FLATS lies on this distribution: 11% of detached houses are smaller than 43 THE FLATS, and 89% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

43 THE FLATS: Plot and Title Map

43 THE FLATS sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 43 THE FLATS, 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 43 THE FLATS). 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 43 THE FLATS?

43 THE FLATS is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 43 on THE FLATS.