8, FOX LANE, BROMSGROVE, B61 7NL - £335,000

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.

8 FOX LANE is a small extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £399,212. It was last sold for £335,000 in August 2019, which was around 24% below the average August 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

8 FOX LANE Sold Prices

Land registry data shows three sales for 8 FOX LANE 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 8 FOX LANE 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 22 AUG	£335,000	£439,083	24% below HPI
2001 27 APR	£148,000	£167,338	12% below HPI
1997 2 MAY	£95,000	£114,295	17% below HPI

8 FOX LANE 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 8 FOX LANE sales between May 1997 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 April 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 FOX LANE be worth now?

8 FOX LANE might now be worth an estimated £399,212.

This is based on house price inflation of 19.2%, between August 2019 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 19.2% inflationary increase is applied to the most recent sale price for 8 FOX LANE of £335,000 on 22nd August 2019. For the value to have increased from £335,000 to £399,212 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 8 FOX LANE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The August 2019 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FOX LANE has not materially changed since August 2019.

How Large is 8 FOX LANE?

8 FOX LANE is 111m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% 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 8 FOX LANE lies on this distribution: 38% of detached houses houses are smaller than 8 FOX LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

8 FOX LANE: Plot and Title Map

8 FOX LANE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 8 FOX LANE, 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 8 FOX LANE). 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 8 FOX LANE?

8 FOX LANE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 8 on FOX LANE.