ABERCORN LODGE, CHANCERY MEWS, BROMSGROVE, B60 2DH - £365,000

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

ABERCORN LODGE is a midsized extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £365,000 in November 2021, which was around 23% below the average November 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

ABERCORN LODGE Sold Prices

Land registry data shows three sales for ABERCORN LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. One of the three ABERCORN LODGE sales was for below the average price, whilst two were for above 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
2021 17 NOV	£365,000	£474,536	23% below HPI
2003 29 SEP	£260,000	£256,401	1% above HPI
2001 17 AUG	£240,000	£176,199	36% above HPI

ABERCORN LODGE 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 three ABERCORN LODGE sales between August 2001 and November 2021 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 September 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is ABERCORN LODGE?

ABERCORN LODGE is 125m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where ABERCORN LODGE lies on this distribution: 57% of detached houses are smaller than ABERCORN LODGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

ABERCORN LODGE: Plot and Title Map

ABERCORN LODGE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of ABERCORN LODGE, 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 ABERCORN LODGE). 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 ABERCORN LODGE?

ABERCORN LODGE is located on CHANCERY MEWS in BROMSGROVE, in the B60 postcode district. The below map shows the position of ABERCORN LODGE on CHANCERY MEWS.