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

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 THE FLATS is a small detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £377,907. It was last sold for £270,000 in June 2016, which was around 28% 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	£373,838	28% below HPI
2004 14 JAN	£200,000	£260,031	23% below HPI
1996 10 DEC	£97,000	£109,765	12% 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 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 48 THE FLATS be worth now?

48 THE FLATS might now be worth an estimated £377,907.

This is based on house price inflation of 40%, between June 2016 and February 2025, 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 40% inflationary increase is applied to the most recent sale price for 48 THE FLATS of £270,000 on 17th June 2016. For the value to have increased from £270,000 to £377,907 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 48 THE FLATS has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The June 2016 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 48 THE FLATS has not materially changed since June 2016.

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 houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 48 THE FLATS lies on this distribution: 35% of detached houses 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.