7, MILLFIELD ROAD, BROMSGROVE, B61 7DB - £235,000

7 MILLFIELD ROAD is a very small extended detached house of 69m², built sometime between 1930 and 1949. It was last sold for £235,000 in August 2019, which was around 46% below the average August 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

7 MILLFIELD ROAD Sold Prices

Land registry data shows four sales for 7 MILLFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 7 MILLFIELD ROAD 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
2019 9 AUG	£235,000	£436,085	46% below HPI
2006 29 SEP	£170,000	£302,838	44% below HPI
2002 26 APR	£104,000	£188,928	45% below HPI
2000 13 DEC	£65,000	£160,258	59% below HPI

7 MILLFIELD 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 four 7 MILLFIELD ROAD sales between December 2000 and August 2019 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 September 2006 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 7 MILLFIELD ROAD?

7 MILLFIELD ROAD is 69m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% 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 MILLFIELD ROAD lies on this distribution: 3% of detached houses are smaller than 7 MILLFIELD ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

7 MILLFIELD ROAD: Plot and Title Map

7 MILLFIELD ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 7 MILLFIELD 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 MILLFIELD 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 MILLFIELD ROAD?

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