5, KING GEORGE CLOSE, BROMSGROVE, B61 8SL - £230,000

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 KING GEORGE CLOSE is a midsized extended detached house of 117m², built sometime between 1930 and 1949. It was last sold for £230,000 in May 2018, which was around 44% below the average May 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

5 KING GEORGE CLOSE Sold Prices

Land registry data shows two sales for 5 KING GEORGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 5 KING GEORGE CLOSE 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
2018 2 MAY	£230,000	£413,343	44% below HPI
2007 21 MAY	£134,000	£304,569	56% below HPI

5 KING GEORGE CLOSE 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 two 5 KING GEORGE CLOSE sales from May 2007 and May 2018 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 May 2007 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the May 2018 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 5 KING GEORGE CLOSE?

5 KING GEORGE CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 5 KING GEORGE CLOSE lies on this distribution: 47% of detached houses are smaller than 5 KING GEORGE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

5 KING GEORGE CLOSE: Plot and Title Map

5 KING GEORGE CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 5 KING GEORGE CLOSE, 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 KING GEORGE CLOSE). 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 KING GEORGE CLOSE?

5 KING GEORGE CLOSE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 5 on KING GEORGE CLOSE.