5, ALDER WAY, BROMSGROVE, B60 1AJ - £191,000

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.

5 ALDER WAY is a very small semi-detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £352,311. It was last sold for £191,000 in October 2005, which was around 7% above the average October 2005 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

5 ALDER WAY Sold Prices

Land registry data shows three sales for 5 ALDER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 5 ALDER WAY sales were for above 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
2005 28 OCT	£191,000	£177,933	7% above HPI
1997 24 JUL	£87,500	£70,324	24% above HPI
1995 16 FEB	£76,000	£62,958	21% above HPI

5 ALDER WAY 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 three 5 ALDER WAY sales between February 1995 and October 2005 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 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2005 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 ALDER WAY be worth now?

5 ALDER WAY might now be worth an estimated £352,311.

This is based on house price inflation of 84.5%, between October 2005 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 84.5% inflationary increase is applied to the most recent sale price for 5 ALDER WAY of £191,000 on 28th October 2005. For the value to have increased from £191,000 to £352,311 over the twenty years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 ALDER WAY has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The October 2005 sale price of £191,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ALDER WAY has not materially changed since October 2005.

How Large is 5 ALDER WAY?

5 ALDER WAY is 81m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% 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 5 ALDER WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 5 ALDER WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

5 ALDER WAY: Plot and Title Map

5 ALDER WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 5 ALDER 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 5 ALDER 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.

Where is 5 ALDER WAY?

5 ALDER WAY is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 5 on ALDER WAY.