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 MORREY CLOSE is a midsized detached house of 116m². It was last sold for £450,000 in June 2021, which was around 1% below the average June 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 7 MORREY CLOSE since 1st 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. Two of the three 7 MORREY CLOSE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2021 21 JUN | £450,000 | £455,916 | 1% below HPI |
2017 8 DEC | £366,000 | £405,689 | 10% below HPI |
2013 16 JUL | £329,995 | £303,940 | 9% above HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 7 MORREY CLOSE sales between July 2013 and June 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 December 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
7 MORREY CLOSE is 116m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 50% of detached houses in Wythall, based on EPC data. The below chart shows the distribution of detached houses by size in Wythall, and where 7 MORREY CLOSE lies on this distribution: 40% of detached houses are smaller than 7 MORREY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Wythall.
7 MORREY CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 7 MORREY 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 7 MORREY 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.
7 MORREY CLOSE is located in WYTHALL, in the B47 postcode district. The below map shows the position of No. 7 on MORREY CLOSE.