50, ROMAN WAY, BROMSGROVE, B61 0DT - £310,000

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

50 ROMAN WAY is a very small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £310,000 in June 2021, which was around 32% below the average June 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

50 ROMAN WAY Sold Prices

Land registry data shows two sales for 50 ROMAN WAY 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. Both of the two 50 ROMAN 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
2021 28 JUN	£310,000	£455,916	32% below HPI
2006 25 MAY	£222,000	£289,666	23% below HPI

50 ROMAN 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 two 50 ROMAN WAY sales from May 2006 and June 2021 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 May 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 50 ROMAN WAY?

50 ROMAN WAY is 95m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the smallest 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 50 ROMAN WAY lies on this distribution: 19% of detached houses are smaller than 50 ROMAN WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

50 ROMAN WAY: Plot and Title Map

50 ROMAN WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 50 ROMAN 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 50 ROMAN 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 50 ROMAN WAY?

50 ROMAN WAY is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 50 on ROMAN WAY.