8, GIBB LANE, CATSHILL, BROMSGROVE, B61 0JP - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 GIBB LANE is a midsized extended detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £416,441. It was last sold for £200,000 in July 2003, which was around 18% below the average July 2003 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

8 GIBB LANE Sold Prices

Land registry data shows two sales for 8 GIBB LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 8 GIBB 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
2003 22 JUL	£200,000	£243,756	18% below HPI
1999 20 MAY	£120,000	£135,822	12% below HPI

8 GIBB 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 two 8 GIBB LANE sales from May 1999 and July 2003 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 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2003 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 GIBB LANE be worth now?

8 GIBB LANE might now be worth an estimated £416,441.

This is based on house price inflation of 108.2%, between July 2003 and December 2024, 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 108.2% inflationary increase is applied to the most recent sale price for 8 GIBB LANE of £200,000 on 22nd July 2003. For the value to have increased from £200,000 to £416,441 over the twenty years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 GIBB LANE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The July 2003 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GIBB LANE has not materially changed since July 2003.

How Large is 8 GIBB LANE?

8 GIBB LANE is 110m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 50% of detached houses houses in Catshill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Catshill, and where 8 GIBB LANE lies on this distribution: 43% of detached houses houses are smaller than 8 GIBB LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Catshill.

8 GIBB LANE: Plot and Title Map

8 GIBB LANE sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of 8 GIBB 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 GIBB 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 GIBB LANE?

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