5, FOUR OAKS DRIVE, MARLBROOK, BROMSGROVE, B61 0SF - £460,000

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

5 FOUR OAKS DRIVE is a large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £460,000 in July 2023, which was around 10% below the average July 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

5 FOUR OAKS DRIVE Sold Prices

Land registry data shows three sales for 5 FOUR OAKS DRIVE 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 5 FOUR OAKS DRIVE 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 27 JUL	£460,000	£510,975	10% below HPI
2016 16 NOV	£325,000	£379,982	14% below HPI
2005 20 SEP	£265,000	£288,304	8% below HPI

5 FOUR OAKS DRIVE 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 5 FOUR OAKS DRIVE sales between September 2005 and July 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 November 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 FOUR OAKS DRIVE?

5 FOUR OAKS DRIVE is 132m² according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Marlbrook, and where 5 FOUR OAKS DRIVE lies on this distribution: 69% of detached houses are smaller than 5 FOUR OAKS DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.

5 FOUR OAKS DRIVE: Plot and Title Map

5 FOUR OAKS DRIVE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 5 FOUR OAKS DRIVE, 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 FOUR OAKS DRIVE). 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 FOUR OAKS DRIVE?

5 FOUR OAKS DRIVE is located in MARLBROOK, in the B61 postcode district. The below map shows the position of No. 5 on FOUR OAKS DRIVE.