56, ROMAN WAY, BROMSGROVE, B61 0DT - £500,000

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 ROMAN WAY is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £500,000 in July 2023, which was around 2% below the average July 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

56 ROMAN WAY Sold Prices

Land registry data shows three sales for 56 ROMAN WAY 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. Two of the three 56 ROMAN WAY sales were for below the average price, whilst one was 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 JUL	£500,000	£510,975	2% below HPI
2013 3 JAN	£310,000	£302,900	2% above HPI
1998 8 MAY	£122,000	£130,995	7% below HPI

56 ROMAN WAY 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 56 ROMAN WAY sales between May 1998 and July 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 January 2013 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 56 ROMAN WAY?

56 ROMAN WAY is 138m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 56 ROMAN WAY lies on this distribution: 69% of detached houses are smaller than 56 ROMAN WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

56 ROMAN WAY: Plot and Title Map

56 ROMAN WAY sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 56 ROMAN WAY, 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 ROMAN WAY). 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 ROMAN WAY?

56 ROMAN WAY is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 56 on ROMAN WAY.