44, PATCH STREET, BROMSGROVE, B61 0FX - £370,000

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

44 PATCH STREET is a very small detached house of 93m², built in 2016. It was last sold for £370,000 in March 2024, which was around 27% below the average March 2024 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2023, where the current energy rating was B, and the potential energy rating was A.

44 PATCH STREET Sold Prices

Land registry data shows four sales for 44 PATCH STREET 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 44 PATCH STREET 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
2024 7 MAR	£370,000	£506,471	27% below HPI
2022 29 APR	£379,000	£493,403	23% below HPI
2021 29 OCT	£362,000	£475,218	24% below HPI
2019 25 JAN	£325,000	£428,535	24% below HPI

44 PATCH STREET 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 44 PATCH STREET sales between January 2019 and March 2024 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 April 2022 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 44 PATCH STREET?

44 PATCH STREET is 93m² according to the EPC inspection conducted in December 2023. 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 44 PATCH STREET lies on this distribution: 17% of detached houses are smaller than 44 PATCH STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

44 PATCH STREET: Plot and Title Map

44 PATCH STREET sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 44 PATCH STREET, 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 PATCH STREET). 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 44 PATCH STREET?

44 PATCH STREET is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 44 on PATCH STREET.