7, PALMYRA ROAD, BROMSGROVE, B60 2RH - £203,500

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.

7 PALMYRA ROAD is a very small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £365,421. It was last sold for £203,500 in June 2012, which was around 30% below the average June 2012 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was C.

7 PALMYRA ROAD Sold Prices

Land registry data shows three sales for 7 PALMYRA ROAD 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 PALMYRA 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
2012 29 JUN	£203,500	£291,391	30% below HPI
2006 25 AUG	£205,000	£303,033	32% below HPI
2001 30 NOV	£127,950	£184,835	31% below HPI

7 PALMYRA 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 three 7 PALMYRA ROAD sales between November 2001 and June 2012 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 August 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2012 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 PALMYRA ROAD be worth now?

7 PALMYRA ROAD might now be worth an estimated £365,421.

This is based on house price inflation of 79.6%, between June 2012 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 79.6% inflationary increase is applied to the most recent sale price for 7 PALMYRA ROAD of £203,500 on 29th June 2012. For the value to have increased from £203,500 to £365,421 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 7 PALMYRA ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The June 2012 sale price of £203,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PALMYRA ROAD has not materially changed since June 2012.

How Large is 7 PALMYRA ROAD?

7 PALMYRA ROAD is 88m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 7 PALMYRA ROAD lies on this distribution: 13% of detached houses houses are smaller than 7 PALMYRA ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

7 PALMYRA ROAD: Plot and Title Map

7 PALMYRA ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 7 PALMYRA 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 PALMYRA 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 PALMYRA ROAD?

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