48, MILLFIELD ROAD, BROMSGROVE, B61 7BX - £295,150

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 MILLFIELD ROAD is a small extended semi-detached house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £307,209. It was last sold for £295,150 in September 2023, which was around 6% below the average September 2023 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

48 MILLFIELD ROAD Sold Prices

Land registry data shows two sales for 48 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 48 MILLFIELD 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
2023 26 SEP	£295,150	£315,325	6% below HPI
2014 20 JUN	£164,000	£198,559	17% below HPI

48 MILLFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 48 MILLFIELD ROAD sales from June 2014 and September 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 June 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 48 MILLFIELD ROAD be worth now?

48 MILLFIELD ROAD might now be worth an estimated £307,209.

This is based on house price inflation of 4.1%, between September 2023 and February 2025, for semi-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 4.1% inflationary increase is applied to the most recent sale price for 48 MILLFIELD ROAD of £295,150 on 26th September 2023. For the value to have increased from £295,150 to £307,209 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 48 MILLFIELD ROAD has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The September 2023 sale price of £295,150 represented a fair market value for the property.
• The size, condition, and specification of 48 MILLFIELD ROAD has not materially changed since September 2023.

How Large is 48 MILLFIELD ROAD?

48 MILLFIELD ROAD is 109m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of semi-detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bromsgrove, and where 48 MILLFIELD ROAD lies on this distribution: 35% of semi-detached houses houses are smaller than 48 MILLFIELD ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

48 MILLFIELD ROAD: Plot and Title Map

48 MILLFIELD ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 48 MILLFIELD 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 48 MILLFIELD 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 48 MILLFIELD ROAD?

48 MILLFIELD ROAD is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 48 on MILLFIELD ROAD.