56, NEWFIELD ROAD, HAGLEY, STOURBRIDGE, DY9 0HY - £975,000

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

56 NEWFIELD ROAD is a very large extended detached house of 275m², built sometime between 1967 and 1975. It was last sold for £975,000 in November 2023, which was around 88% above the average November 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

56 NEWFIELD ROAD Sold Prices

Land registry data shows two sales for 56 NEWFIELD ROAD 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 56 NEWFIELD 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
2023 7 NOV	£975,000	£519,314	88% above HPI
1998 11 MAY	£234,000	£130,995	79% above HPI

56 NEWFIELD 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 two 56 NEWFIELD ROAD sales from May 1998 and November 2023 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 May 1998 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the November 2023 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 56 NEWFIELD ROAD?

56 NEWFIELD ROAD is 275m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 56 NEWFIELD ROAD lies on this distribution: 96% of detached houses are smaller than 56 NEWFIELD ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Hagley.

56 NEWFIELD ROAD: Plot and Title Map

56 NEWFIELD ROAD sits on a plot of roughly 0.284 of an acre, or 1,150m². The below map shows the location of 56 NEWFIELD 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 56 NEWFIELD 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 56 NEWFIELD ROAD?

56 NEWFIELD ROAD is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 56 on NEWFIELD ROAD.