Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
6 MILESTONE DRIVE is a midsized extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £440,000 in June 2016, which was around 19% above the average June 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 6 MILESTONE DRIVE 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. One of the two 6 MILESTONE DRIVE sales was for above the average price, whilst the other was for 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 |
---|---|---|---|
2016 23 JUN | £440,000 | £371,286 | 19% above HPI |
2003 11 JUL | £209,000 | £242,092 | 14% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 6 MILESTONE DRIVE sales from July 2003 and June 2016 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 July 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
6 MILESTONE DRIVE is 162m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 6 MILESTONE DRIVE lies on this distribution: 59% of detached houses are smaller than 6 MILESTONE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Hagley.
6 MILESTONE DRIVE sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of 6 MILESTONE DRIVE, 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 6 MILESTONE DRIVE). 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.
6 MILESTONE DRIVE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 6 on MILESTONE DRIVE.