55, PARK ROAD, HAGLEY, STOURBRIDGE, DY9 0QQ - £670,000

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

55 PARK ROAD is a very large extended detached house of 330m², built sometime between 1950 and 1966. It was last sold for £670,000 in November 2010, which was around 121% above the average November 2010 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2022, where the current energy rating was A, and the potential energy rating was A.

55 PARK ROAD Sold Prices

Land registry data shows three sales for 55 PARK 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 55 PARK 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
2010 19 NOV	£670,000	£302,796	121% above HPI
2003 12 DEC	£430,000	£253,835	69% above HPI
2001 19 DEC	£270,000	£185,109	46% above HPI

55 PARK 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 55 PARK ROAD sales between December 2001 and November 2010 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 2003 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the November 2010 sale, where it rises to 121% above the HPI. The line then continues to track at 121% above the HPI.

How Large is 55 PARK ROAD?

55 PARK ROAD is 330m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 10% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 55 PARK ROAD lies on this distribution: 99% of detached houses are smaller than 55 PARK ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Hagley.

55 PARK ROAD: Plot and Title Map

55 PARK ROAD sits on a plot of roughly 0.361 of an acre, or 1,462m². The below map shows the location of 55 PARK 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 55 PARK 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 55 PARK ROAD?

55 PARK ROAD is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 55 on PARK ROAD.