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
49 ROMAN WAY is a midsized extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £352,500 in September 2017, which was around 14% below the average September 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 49 ROMAN WAY since 1st 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 49 ROMAN WAY 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 |
---|---|---|---|
2017 15 SEP | £352,500 | £409,790 | 14% below HPI |
2016 1 JUL | £312,000 | £377,413 | 17% below HPI |
1996 26 APR | £88,250 | £103,673 | 15% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 49 ROMAN WAY sales between April 1996 and September 2017 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 July 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
49 ROMAN WAY is 124m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 49 ROMAN WAY lies on this distribution: 56% of detached houses are smaller than 49 ROMAN WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.
49 ROMAN WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 49 ROMAN WAY, 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 49 ROMAN WAY). 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.
49 ROMAN WAY is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 49 on ROMAN WAY.