5, MEDICI ROAD, BROMSGROVE, B60 2RL - £476,800

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 MEDICI ROAD is a very large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £476,800 in December 2019, which was around 9% above the average December 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

5 MEDICI ROAD Sold Prices

Land registry data shows four sales for 5 MEDICI ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 5 MEDICI ROAD 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
2019 10 DEC	£476,800	£437,542	9% above HPI
2014 26 FEB	£355,000	£317,186	12% above HPI
2007 31 AUG	£335,000	£318,640	5% above HPI
2001 28 FEB	£229,500	£165,302	39% above HPI

5 MEDICI ROAD 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 four 5 MEDICI ROAD sales between February 2001 and December 2019 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 February 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2019 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 5 MEDICI ROAD?

5 MEDICI ROAD is 159m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 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 MEDICI ROAD lies on this distribution: 83% of detached houses are smaller than 5 MEDICI ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

5 MEDICI ROAD: Plot and Title Map

5 MEDICI ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 5 MEDICI 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 MEDICI 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.

Where is 5 MEDICI ROAD?

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