9, LEA PARK RISE, BROMSGROVE, B61 0AU - £322,500

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 LEA PARK RISE is a small extended detached house of 101m², built sometime between 1991 and 1995. It was last sold for £322,500 in January 2020, which was around 26% below the average January 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

9 LEA PARK RISE Sold Prices

Land registry data shows two sales for 9 LEA PARK RISE 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 LEA PARK RISE 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
2020 31 JAN	£322,500	£436,467	26% below HPI
2014 18 DEC	£249,999	£331,234	25% below HPI

9 LEA PARK RISE 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 LEA PARK RISE sales from December 2014 and January 2020 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 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 9 LEA PARK RISE?

9 LEA PARK RISE is 101m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 LEA PARK RISE lies on this distribution: 25% of detached houses are smaller than 9 LEA PARK RISE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

9 LEA PARK RISE: Plot and Title Map

9 LEA PARK RISE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 9 LEA PARK RISE, 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 LEA PARK RISE). 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 LEA PARK RISE?

9 LEA PARK RISE is located in BROMSGROVE, in the B61 postcode district. The below map shows the position of No. 9 on LEA PARK RISE.