6, VERBENA CLOSE, STOKE PRIOR, BROMSGROVE, B60 4EU - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 VERBENA CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £330,799. It was last sold for £285,000 in February 2021, which was around 37% below the average February 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

6 VERBENA CLOSE Sold Prices

Land registry data shows three sales for 6 VERBENA CLOSE 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 6 VERBENA CLOSE sales were 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
2021 8 FEB	£285,000	£450,802	37% below HPI
2014 21 MAR	£204,000	£321,733	37% below HPI
2000 26 MAY	£40,000	£153,526	74% below HPI

6 VERBENA CLOSE 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 6 VERBENA CLOSE sales between May 2000 and February 2021 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 March 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, which was also at 37% below the HPI.

What might 6 VERBENA CLOSE be worth now?

6 VERBENA CLOSE might now be worth an estimated £330,799.

This is based on house price inflation of 16.1%, between February 2021 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 6 VERBENA CLOSE of £285,000 on 8th February 2021. For the value to have increased from £285,000 to £330,799 over the four years to February 2025, the following assumptions must hold true:

• The value of 6 VERBENA CLOSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The February 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 6 VERBENA CLOSE has not materially changed since February 2021.

How Large is 6 VERBENA CLOSE?

6 VERBENA CLOSE is 65m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses houses in Stoke Prior, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Prior, and where 6 VERBENA CLOSE lies on this distribution: 3% of detached houses houses are smaller than 6 VERBENA CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stoke Prior.

6 VERBENA CLOSE: Plot and Title Map

6 VERBENA CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 6 VERBENA CLOSE, 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 VERBENA CLOSE). 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 6 VERBENA CLOSE?

6 VERBENA CLOSE is located in STOKE PRIOR, in the B60 postcode district. The below map shows the position of No. 6 on VERBENA CLOSE.