8, GREYFRIARS DRIVE, BROMSGROVE, B61 7LF - £475,000

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

8 GREYFRIARS DRIVE is a very large detached house of 165m², built sometime between 1996 and 2002. It was last sold for £475,000 in March 2018, which was around 18% above the average March 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was C.

8 GREYFRIARS DRIVE Sold Prices

Land registry data shows two sales for 8 GREYFRIARS DRIVE 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 GREYFRIARS DRIVE 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
2018 16 MAR	£475,000	£403,387	18% above HPI
2000 18 DEC	£250,000	£160,258	56% above HPI

8 GREYFRIARS DRIVE 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 GREYFRIARS DRIVE sales from December 2000 and March 2018 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 2000 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 8 GREYFRIARS DRIVE?

8 GREYFRIARS DRIVE is 165m² according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 8 GREYFRIARS DRIVE lies on this distribution: 86% of detached houses are smaller than 8 GREYFRIARS DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

8 GREYFRIARS DRIVE: Plot and Title Map

8 GREYFRIARS DRIVE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 8 GREYFRIARS DRIVE, 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 GREYFRIARS DRIVE). 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 GREYFRIARS DRIVE?

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