7, MEDICI ROAD, BROMSGROVE, B60 2RL - £450,000

7 MEDICI ROAD is a very large detached house of 158m², built sometime between 1996 and 2002. It was last sold for £450,000 in July 2016, which was around 19% above the average July 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

7 MEDICI ROAD Sold Prices

Land registry data shows two sales for 7 MEDICI 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 7 MEDICI 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
2016 29 JUL	£450,000	£377,413	19% above HPI
2004 14 APR	£335,000	£266,761	26% above HPI

7 MEDICI 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 7 MEDICI ROAD sales from April 2004 and July 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 April 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2016 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 7 MEDICI ROAD?

7 MEDICI ROAD is 158m² according to the EPC inspection conducted in April 2016. This puts it in the largest 20% 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 MEDICI ROAD lies on this distribution: 82% of detached houses are smaller than 7 MEDICI ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

7 MEDICI ROAD: Plot and Title Map

7 MEDICI ROAD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 7 MEDICI 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 7 MEDICI 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 7 MEDICI ROAD?

7 MEDICI ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 7 on MEDICI ROAD.