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
5 GREEN PARK ROAD is a very small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £305,000 in October 2020, which was around 33% below the average October 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 5 GREEN PARK ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the five 5 GREEN PARK ROAD 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 |
---|---|---|---|
2020 30 OCT | £305,000 | £452,940 | 33% below HPI |
2016 19 AUG | £275,000 | £378,096 | 27% below HPI |
2004 27 AUG | £215,000 | £276,304 | 22% below HPI |
2001 9 MAR | £128,000 | £167,241 | 23% below HPI |
1996 26 JAN | £85,000 | £105,701 | 20% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The five 5 GREEN PARK ROAD sales between January 1996 and October 2020 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 August 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
5 GREEN PARK ROAD is 91m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 5 GREEN PARK ROAD lies on this distribution: 15% of detached houses are smaller than 5 GREEN PARK ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.
5 GREEN PARK ROAD sits on a plot of roughly 0.057 of an acre, or 233m². The below map shows the location of 5 GREEN PARK ROAD, 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 GREEN PARK ROAD). 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.
5 GREEN PARK ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 5 on GREEN PARK ROAD.