5, PIKES POOL LANE, BURCOT, BROMSGROVE, B60 1LJ - £625,000

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 PIKES POOL LANE is a very large detached house of 225m², built sometime between 2007 and 2011. It was last sold for £625,000 in August 2015, which was around 78% above the average August 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

5 PIKES POOL LANE Sold Prices

Land registry data shows two sales for 5 PIKES POOL LANE 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. One of the two 5 PIKES POOL LANE sales was for above the average price, whilst the other was 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
2015 27 AUG	£625,000	£350,543	78% above HPI
2007 4 OCT	£317,000	£326,836	3% below HPI

5 PIKES POOL LANE 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 PIKES POOL LANE sales from October 2007 and August 2015 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 October 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2015 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 5 PIKES POOL LANE?

5 PIKES POOL LANE is 225m² according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Burcot, based on EPC data. The below chart shows the distribution of detached houses by size in Burcot, and where 5 PIKES POOL LANE lies on this distribution: 82% of detached houses are smaller than 5 PIKES POOL LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Burcot.

5 PIKES POOL LANE: Plot and Title Map

5 PIKES POOL LANE sits on a plot of roughly 0.302 of an acre, or 1,221m². The below map shows the location of 5 PIKES POOL LANE, 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 PIKES POOL LANE). 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 PIKES POOL LANE?

5 PIKES POOL LANE is located in BURCOT, in the B60 postcode district. The below map shows the position of No. 5 on PIKES POOL LANE.