APPLE TREE COTTAGE, ROWNEY GREEN LANE, ROWNEY GREEN, BIRMINGHAM, B48 7QE - £390,000

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.

APPLE TREE COTTAGE is a very small detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £443,800. It was last sold for £390,000 in November 2020, which was around 15% below the average November 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

APPLE TREE COTTAGE Sold Prices

Land registry data shows two sales for APPLE TREE COTTAGE 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 APPLE TREE COTTAGE sales was for below the average price, whilst the other was 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
2020 25 NOV	£390,000	£459,814	15% below HPI
2009 11 NOV	£305,000	£295,311	3% above HPI

APPLE TREE COTTAGE 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 APPLE TREE COTTAGE sales from November 2009 and November 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 November 2009 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might APPLE TREE COTTAGE be worth now?

APPLE TREE COTTAGE might now be worth an estimated £443,800.

This is based on house price inflation of 13.8%, between November 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 13.8% inflationary increase is applied to the most recent sale price for APPLE TREE COTTAGE of £390,000 on 25th November 2020. For the value to have increased from £390,000 to £443,800 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of APPLE TREE COTTAGE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The November 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of APPLE TREE COTTAGE has not materially changed since November 2020.

How Large is APPLE TREE COTTAGE?

APPLE TREE COTTAGE is 105m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Rowney Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowney Green, and where APPLE TREE COTTAGE lies on this distribution: 13% of detached houses houses are smaller than APPLE TREE COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Rowney Green.

APPLE TREE COTTAGE: Plot and Title Map

APPLE TREE COTTAGE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of APPLE TREE COTTAGE, 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 APPLE TREE COTTAGE). 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 APPLE TREE COTTAGE?

APPLE TREE COTTAGE is located on ROWNEY GREEN LANE in ROWNEY GREEN, in the B48 postcode district. The below map shows the position of APPLE TREE COTTAGE on ROWNEY GREEN LANE.