CHIMNEYS, BRAKE LANE, HAGLEY, STOURBRIDGE, DY8 2XP - £1,250,000

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

CHIMNEYS is a very large extended detached house of 409m², built sometime between 1950 and 1966. It was last sold for £1,250,000 in November 2012, which was around 302% above the average November 2012 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was D.

CHIMNEYS Sold Prices

Land registry data shows two sales for CHIMNEYS 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. Both of the two CHIMNEYS sales 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
2012 12 NOV	£1,250,000	£310,720	302% above HPI
1999 30 JUN	£630,000	£137,001	360% above HPI

CHIMNEYS 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 CHIMNEYS sales from June 1999 and November 2012 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 June 1999 sale was for 360% above the HPI. So the extrapolation line tracks at 360% above the HPI over time, until the November 2012 sale, where it falls to 302% above the HPI. The line then continues to track at 302% above the HPI.

How Large is CHIMNEYS?

CHIMNEYS is 409m², which includes three extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where CHIMNEYS lies on this distribution: More than 99% of detached houses are smaller than CHIMNEYS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Hagley.

CHIMNEYS: Plot and Title Map

CHIMNEYS sits on a plot of roughly 1.5 acres, or 6,136m². The below map shows the location of CHIMNEYS, 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 CHIMNEYS). 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 CHIMNEYS?

CHIMNEYS is located on BRAKE LANE in HAGLEY, in the DY8 postcode district. The below map shows the position of CHIMNEYS on BRAKE LANE.