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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CHIMNEYS is a very large extended detached house of 409m², built sometime between 1950 and 1966, which could now be worth an estimated £2,090,598. It was last sold for £1,250,000 in November 2012, which was around 300% 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	£312,856	300% above HPI
1999 30 JUN	£630,000	£137,942	357% 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 357% above the HPI. So the extrapolation line tracks at 357% above the HPI over time, until the November 2012 sale, where it falls to 300% above the HPI. The line then continues to track at 300% above the HPI.

What might CHIMNEYS be worth now?

CHIMNEYS might now be worth an estimated £2,090,598.

This is based on house price inflation of 67.2%, between November 2012 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 67.2% inflationary increase is applied to the most recent sale price for CHIMNEYS of £1,250,000 on 12th November 2012. For the value to have increased from £1,250,000 to £2,090,598 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of CHIMNEYS has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The November 2012 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of CHIMNEYS has not materially changed since November 2012.

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 houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hagley, and where CHIMNEYS lies on this distribution: More than 99% of detached houses 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.