48, THE FLATS, BROMSGROVE, B61 8LB - £270,000

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

48 THE FLATS is a small detached house of 109m², built sometime between 1983 and 1990. It was last sold for £270,000 in June 2016, which was around 27% below the average June 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

48 THE FLATS Sold Prices

Land registry data shows three sales for 48 THE FLATS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 48 THE FLATS 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
2016 17 JUN	£270,000	£371,286	27% below HPI
2004 14 JAN	£200,000	£258,256	23% below HPI
1996 10 DEC	£97,000	£109,015	11% below HPI

48 THE FLATS 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 three 48 THE FLATS sales between December 1996 and June 2016 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 January 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 48 THE FLATS?

48 THE FLATS is 109m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 48 THE FLATS lies on this distribution: 35% of detached houses are smaller than 48 THE FLATS, and 64% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

48 THE FLATS: Plot and Title Map

48 THE FLATS sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 48 THE FLATS, 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 THE FLATS). 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 THE FLATS?

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