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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 THE RISE is a small extended detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £451,330. It was last sold for £380,000 in December 2019, which was around 14% 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	£440,549	14% below HPI
1998 3 APR	£128,000	£130,221	2% below HPI
1997 30 MAY	£115,000	£114,295	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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 THE RISE be worth now?

5 THE RISE might now be worth an estimated £451,330.

This is based on house price inflation of 18.8%, between December 2019 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 5 THE RISE of £380,000 on 6th December 2019. For the value to have increased from £380,000 to £451,330 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 THE RISE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The December 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE RISE has not materially changed since December 2019.

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 houses in Hopwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hopwood, and where 5 THE RISE lies on this distribution: 31% of detached houses 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.