5, GROVE GARDENS, BROMSGROVE, B61 0UG - £279,000

5 GROVE GARDENS is a small extended detached house of 100m², built sometime between 2003 and 2006. It was last sold for £279,000 in June 2017, which was around 30% below the average June 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 B.

5 GROVE GARDENS Sold Prices

Land registry data shows three sales for 5 GROVE GARDENS 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 GROVE GARDENS 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 23 JUN	£279,000	£396,633	30% below HPI
2007 27 APR	£225,000	£306,063	26% below HPI
2000 30 MAY	£131,995	£152,478	13% below HPI

5 GROVE GARDENS 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 GROVE GARDENS sales between May 2000 and June 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 April 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 GROVE GARDENS?

5 GROVE GARDENS is 100m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% 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 GROVE GARDENS lies on this distribution: 24% of detached houses are smaller than 5 GROVE GARDENS, and 75% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

5 GROVE GARDENS: Plot and Title Map

5 GROVE GARDENS sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 5 GROVE GARDENS, 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 GROVE GARDENS). 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 GROVE GARDENS?

5 GROVE GARDENS is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 5 on GROVE GARDENS.