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
93 NEW ROAD is a very large extended detached house of 265m², built sometime between 1950 and 1966. It was last sold for £740,000 in February 2020, which was around 72% 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.
Land registry data shows two sales for 93 NEW 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. 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 | £430,417 | 72% above HPI |
2010 21 JAN | £245,000 | £297,962 | 18% 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 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 72% above the HPI. The line then continues to track at 72% above the HPI.
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 in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where 93 NEW ROAD lies on this distribution: 99% of detached 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 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.
93 NEW ROAD is located in BROMSGROVE, in the B60 postcode district. The below map shows the position of No. 93 on NEW ROAD.