514, BROMSGROVE ROAD, HUNNINGTON, HALESOWEN, B62 0JJ - £408,500

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

514 BROMSGROVE ROAD is a very small extended detached house of 96m², built sometime before 1900. It was last sold for £408,500 in September 2021, which was around 12% below the average September 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

514 BROMSGROVE ROAD Sold Prices

Land registry data shows three sales for 514 BROMSGROVE ROAD 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 514 BROMSGROVE ROAD 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 23 SEP	£408,500	£463,354	12% below HPI
2016 4 AUG	£340,000	£378,096	10% below HPI
1995 12 MAY	£77,500	£105,104	26% below HPI

514 BROMSGROVE ROAD 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 514 BROMSGROVE ROAD sales between May 1995 and September 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 August 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 514 BROMSGROVE ROAD?

514 BROMSGROVE ROAD is 96m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Hunnington, based on EPC data. The below chart shows the distribution of detached houses by size in Hunnington, and where 514 BROMSGROVE ROAD lies on this distribution: Less than 1% of detached houses are smaller than 514 BROMSGROVE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hunnington.

514 BROMSGROVE ROAD: Plot and Title Map

514 BROMSGROVE ROAD sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 514 BROMSGROVE ROAD, 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 514 BROMSGROVE ROAD). 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 514 BROMSGROVE ROAD?

514 BROMSGROVE ROAD is located in HUNNINGTON, in the B62 postcode district. The below map shows the position of No. 514 on BROMSGROVE ROAD.