9, ALDER WAY, BROMSGROVE, B60 1AJ - £270,000

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

9 ALDER WAY is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £270,000 in September 2013, which was around 12% below the average September 2013 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

9 ALDER WAY Sold Prices

Land registry data shows two sales for 9 ALDER WAY 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 9 ALDER WAY 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
2013 27 SEP	£270,000	£306,802	12% below HPI
2005 24 JUN	£215,000	£284,939	25% below HPI

9 ALDER WAY 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 9 ALDER WAY sales from June 2005 and September 2013 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 9 ALDER WAY?

9 ALDER WAY is 108m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 9 ALDER WAY lies on this distribution: 34% of detached houses are smaller than 9 ALDER WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

9 ALDER WAY: Plot and Title Map

9 ALDER WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 9 ALDER WAY, 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 9 ALDER WAY). 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 9 ALDER WAY?

9 ALDER WAY is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 9 on ALDER WAY.