71, BROMSGROVE ROAD, REDDITCH, B97 4RL - £402,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

71 BROMSGROVE ROAD is a very large detached house of 153m², built sometime between 1930 and 1949. It was last sold for £402,500 in September 2019, which was around 19% above the average September 2019 detached price in the Redditch local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

71 BROMSGROVE ROAD Sold Prices

Land registry data shows four sales for 71 BROMSGROVE 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 Redditch local authority area for the corresponding sale date. All of the four 71 BROMSGROVE 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
2019 6 SEP	£402,500	£337,425	19% above HPI
2013 15 MAY	£275,000	£238,943	15% above HPI
2004 28 MAY	£295,000	£214,916	37% above HPI
2003 13 FEB	£235,000	£184,137	28% above HPI

71 BROMSGROVE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redditch local authority area over time, sourced from the HPI. The four 71 BROMSGROVE ROAD sales between February 2003 and September 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 May 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2019 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 71 BROMSGROVE ROAD?

71 BROMSGROVE ROAD is 153m² according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Redditch, based on EPC data. The below chart shows the distribution of detached houses by size in Redditch, and where 71 BROMSGROVE ROAD lies on this distribution: 88% of detached houses are smaller than 71 BROMSGROVE ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Redditch.

71 BROMSGROVE ROAD: Plot and Title Map

71 BROMSGROVE ROAD sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 71 BROMSGROVE 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 71 BROMSGROVE 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 71 BROMSGROVE ROAD?

71 BROMSGROVE ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 71 on BROMSGROVE ROAD.