5, THE RISE, HOPWOOD, BIRMINGHAM, B48 7AP - £380,000

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 THE RISE is a small extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £380,000 in December 2019, which was around 13% below the average December 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

5 THE RISE Sold Prices

Land registry data shows three sales for 5 THE RISE 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. Two of the three 5 THE RISE sales were for below the average price, whilst one was 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 6 DEC	£380,000	£437,542	13% below HPI
1998 3 APR	£128,000	£129,332	1% below HPI
1997 30 MAY	£115,000	£113,515	1% above HPI

5 THE RISE 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 THE RISE sales between May 1997 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 April 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 THE RISE?

5 THE RISE is 122m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Hopwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hopwood, and where 5 THE RISE lies on this distribution: 31% of detached houses are smaller than 5 THE RISE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hopwood.

5 THE RISE: Plot and Title Map

5 THE RISE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 5 THE RISE, 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 THE RISE). 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 THE RISE?

5 THE RISE is located in HOPWOOD, in the B48 postcode district. The below map shows the position of No. 5 on THE RISE.