7, CHERRY CRESCENT, BROMSGROVE, B61 7JX - £325,000

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

7 CHERRY CRESCENT is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £325,000 in October 2020, which was around 28% below the average October 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

7 CHERRY CRESCENT Sold Prices

Land registry data shows three sales for 7 CHERRY CRESCENT 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 7 CHERRY CRESCENT 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
2020 2 OCT	£325,000	£452,940	28% below HPI
2011 23 JUN	£245,000	£301,663	19% below HPI
1997 30 APR	£92,250	£114,197	19% below HPI

7 CHERRY CRESCENT 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 7 CHERRY CRESCENT sales between April 1997 and October 2020 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 June 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 CHERRY CRESCENT?

7 CHERRY CRESCENT is 98m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 7 CHERRY CRESCENT lies on this distribution: 22% of detached houses are smaller than 7 CHERRY CRESCENT, and 77% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

7 CHERRY CRESCENT: Plot and Title Map

7 CHERRY CRESCENT sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 7 CHERRY CRESCENT, 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 7 CHERRY CRESCENT). 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 7 CHERRY CRESCENT?

7 CHERRY CRESCENT is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 7 on CHERRY CRESCENT.