45, MELBOURNE ROAD, BROMSGROVE, B61 8PF - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

45 MELBOURNE ROAD is a very small extended detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £300,973. It was last sold for £185,000 in September 2010, which was around 41% below the average September 2010 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

45 MELBOURNE ROAD Sold Prices

Land registry data shows two sales for 45 MELBOURNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 45 MELBOURNE 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
2010 30 SEP	£185,000	£311,977	41% below HPI
2002 6 DEC	£159,950	£219,310	27% below HPI

45 MELBOURNE 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 two 45 MELBOURNE ROAD sales from December 2002 and September 2010 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2010 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 45 MELBOURNE ROAD be worth now?

45 MELBOURNE ROAD might now be worth an estimated £300,973.

This is based on house price inflation of 62.7%, between September 2010 and December 2024, 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 62.7% inflationary increase is applied to the most recent sale price for 45 MELBOURNE ROAD of £185,000 on 30th September 2010. For the value to have increased from £185,000 to £300,973 over the thirteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 45 MELBOURNE ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The September 2010 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 45 MELBOURNE ROAD has not materially changed since September 2010.

How Large is 45 MELBOURNE ROAD?

45 MELBOURNE ROAD is 60m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 45 MELBOURNE ROAD lies on this distribution: 1% of detached houses houses are smaller than 45 MELBOURNE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

45 MELBOURNE ROAD: Plot and Title Map

45 MELBOURNE ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 45 MELBOURNE 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 45 MELBOURNE 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 45 MELBOURNE ROAD?

45 MELBOURNE ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 45 on MELBOURNE ROAD.