5, STABLE WAY, STOKE HEATH, BROMSGROVE, B60 3QW - £425,000

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 STABLE WAY is a small extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £425,000 in November 2022, which was around 17% below the average November 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

5 STABLE WAY Sold Prices

Land registry data shows three sales for 5 STABLE WAY 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 STABLE WAY 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
2022 25 NOV	£425,000	£513,842	17% below HPI
2003 28 MAR	£197,000	£228,921	14% below HPI
1996 29 NOV	£85,500	£109,744	22% below HPI

5 STABLE WAY 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 STABLE WAY sales between November 1996 and November 2022 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 March 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 STABLE WAY?

5 STABLE WAY is 102m², which includes two extensions, according to the EPC inspection conducted in April 2018. 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 STABLE WAY lies on this distribution: 27% of detached houses are smaller than 5 STABLE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

5 STABLE WAY: Plot and Title Map

5 STABLE WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 5 STABLE WAY, 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 STABLE WAY). 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 STABLE WAY?

5 STABLE WAY is located in STOKE HEATH, in the B60 postcode district. The below map shows the position of No. 5 on STABLE WAY.