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
44 GREENFIELD AVENUE is a small extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £435,000 in February 2023, which was around 17% below the average February 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 44 GREENFIELD AVENUE since 1st 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 44 GREENFIELD AVENUE 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 |
---|---|---|---|
2023 3 FEB | £435,000 | £520,971 | 17% below HPI |
2022 27 MAY | £340,000 | £495,029 | 31% below HPI |
2017 5 JUL | £299,950 | £404,998 | 26% below HPI |
2004 8 MAR | £150,000 | £262,861 | 43% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 44 GREENFIELD AVENUE sales between March 2004 and February 2023 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 May 2022 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
44 GREENFIELD AVENUE is 119m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses in Upper Marlbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Marlbrook, and where 44 GREENFIELD AVENUE lies on this distribution: 36% of detached houses are smaller than 44 GREENFIELD AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Upper Marlbrook.
44 GREENFIELD AVENUE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 44 GREENFIELD AVENUE, 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 44 GREENFIELD AVENUE). 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.
44 GREENFIELD AVENUE is located in MARLBROOK, in the B60 postcode district. The below map shows the position of No. 44 on GREENFIELD AVENUE.