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
55 HOLLYWOOD LANE is a large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £435,000 in June 2019, which was about the average June 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 55 HOLLYWOOD LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The four 55 HOLLYWOOD LANE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2019 3 JUN | £435,000 | £434,313 | Close to HPI |
2014 12 AUG | £365,000 | £326,561 | 12% above HPI |
2003 20 MAR | £228,000 | £228,921 | Close to HPI |
1997 29 JAN | £94,000 | £112,198 | 16% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 55 HOLLYWOOD LANE sales between January 1997 and June 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 August 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
55 HOLLYWOOD LANE is 146m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses by size in Hollywood, and where 55 HOLLYWOOD LANE lies on this distribution: 76% of detached houses are smaller than 55 HOLLYWOOD LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Hollywood.
55 HOLLYWOOD LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 55 HOLLYWOOD LANE, 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 55 HOLLYWOOD LANE). 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.
55 HOLLYWOOD LANE is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 55 on HOLLYWOOD LANE.