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
9 WORCESTER ROAD is a midsized extended detached house of 153m², built sometime between 1930 and 1949. It was last sold for £276,000 in January 2018, which was around 30% below the average January 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 9 WORCESTER ROAD since 1st 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 WORCESTER ROAD 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 |
---|---|---|---|
2018 25 JAN | £276,000 | £395,311 | 30% below HPI |
2002 22 OCT | £130,000 | £216,028 | 40% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 9 WORCESTER ROAD sales from October 2002 and January 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 October 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
9 WORCESTER ROAD is 153m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 9 WORCESTER ROAD lies on this distribution: 51% of detached houses are smaller than 9 WORCESTER ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Hagley.
9 WORCESTER ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 9 WORCESTER ROAD, 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 WORCESTER ROAD). 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.
9 WORCESTER ROAD is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 9 on WORCESTER ROAD.