53, PATCH STREET, BROMSGROVE, B61 0FX - £427,000

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

53 PATCH STREET is a midsized detached house of 114m². It was last sold for £427,000 in February 2022, which was around 14% below the average February 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

53 PATCH STREET Sold Prices

Land registry data shows two sales for 53 PATCH STREET 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 53 PATCH STREET 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 11 FEB	£427,000	£495,239	14% below HPI
2019 25 OCT	£385,000	£436,421	12% below HPI

53 PATCH STREET 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 53 PATCH STREET sales from October 2019 and February 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 October 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 53 PATCH STREET?

53 PATCH STREET is 114m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 53 PATCH STREET lies on this distribution: 43% of detached houses are smaller than 53 PATCH STREET, and 56% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

53 PATCH STREET: Plot and Title Map

53 PATCH STREET sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 53 PATCH STREET, 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 53 PATCH STREET). 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 53 PATCH STREET?

53 PATCH STREET is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 53 on PATCH STREET.