93, NEW ROAD, BROMSGROVE, B60 2LL - £740,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

93 NEW ROAD is a very large extended detached house of 265m², built sometime between 1950 and 1966, which could now be worth an estimated £893,456. It was last sold for £740,000 in February 2020, which was around 71% above the average February 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

93 NEW ROAD Sold Prices

Land registry data shows two sales for 93 NEW ROAD 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. One of the two 93 NEW ROAD sales was for above the average price, whilst the other was 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 20 FEB	£740,000	£433,375	71% above HPI
2010 21 JAN	£245,000	£300,010	18% below HPI

93 NEW ROAD 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 93 NEW ROAD sales from January 2010 and February 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 January 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2020 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 93 NEW ROAD be worth now?

93 NEW ROAD might now be worth an estimated £893,456.

This is based on house price inflation of 20.7%, between February 2020 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 93 NEW ROAD of £740,000 on 20th February 2020. For the value to have increased from £740,000 to £893,456 over the five years to February 2025, the following assumptions must hold true:

• The value of 93 NEW ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The February 2020 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 93 NEW ROAD has not materially changed since February 2020.

How Large is 93 NEW ROAD?

93 NEW ROAD is 265m², which includes four extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 10% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where 93 NEW ROAD lies on this distribution: 99% of detached houses houses are smaller than 93 NEW ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

93 NEW ROAD: Plot and Title Map

93 NEW ROAD sits on a plot of roughly 0.257 of an acre, or 1,041m². The below map shows the location of 93 NEW 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 93 NEW 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.

Where is 93 NEW ROAD?

93 NEW ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 93 on NEW ROAD.