8, PLANETREE CLOSE, BROMSGROVE, B60 1AW - £345,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 PLANETREE CLOSE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £345,000 in October 2016, which was around 10% below the average October 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 PLANETREE CLOSE Sold Prices

Land registry data shows two sales for 8 PLANETREE CLOSE 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 PLANETREE CLOSE 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
2016 7 OCT	£345,000	£383,776	10% below HPI
2005 1 JUN	£240,000	£284,939	16% below HPI

8 PLANETREE CLOSE 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 PLANETREE CLOSE sales from June 2005 and October 2016 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 June 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 PLANETREE CLOSE?

8 PLANETREE CLOSE is 82m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% 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 PLANETREE CLOSE lies on this distribution: 9% of detached houses are smaller than 8 PLANETREE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

8 PLANETREE CLOSE: Plot and Title Map

8 PLANETREE CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 8 PLANETREE CLOSE, 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 PLANETREE CLOSE). 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 PLANETREE CLOSE?

8 PLANETREE CLOSE is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 8 on PLANETREE CLOSE.