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
534 BIRMINGHAM ROAD is a very large extended detached house of 242m², built sometime between 1950 and 1966. It was last sold for £620,000 in August 2017, which was around 52% above the average August 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 534 BIRMINGHAM ROAD since 1st 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 534 BIRMINGHAM ROAD sales were 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 |
---|---|---|---|
2017 15 AUG | £620,000 | £407,615 | 52% above HPI |
1999 10 DEC | £265,000 | £149,774 | 77% above HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 534 BIRMINGHAM ROAD sales from December 1999 and August 2017 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 December 1999 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the August 2017 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.
534 BIRMINGHAM ROAD is 242m², which includes four extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Lower Marlbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Marlbrook, and where 534 BIRMINGHAM ROAD lies on this distribution: 99% of detached houses are smaller than 534 BIRMINGHAM ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Lower Marlbrook.
534 BIRMINGHAM ROAD sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 534 BIRMINGHAM 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 534 BIRMINGHAM 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.
534 BIRMINGHAM ROAD is located in MARLBROOK, in the B61 postcode district. The below map shows the position of No. 534 on BIRMINGHAM ROAD.