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

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

45 MELBOURNE ROAD is a very small extended detached house of 60m², built sometime between 1996 and 2002. It was last sold for £185,000 in September 2010, which was around 40% 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	£309,848	40% below HPI
2002 6 DEC	£159,950	£217,812	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 40% below the HPI. The line then continues to track at 40% below the HPI.

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 in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 45 MELBOURNE ROAD lies on this distribution: 1% of detached 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.