DERLIE VILLA, ROWNEY GREEN LANE, ROWNEY GREEN, BIRMINGHAM, B48 7QS - £315,000

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.

DERLIE VILLA is a very small extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £404,192. It was last sold for £315,000 in July 2017, which was around 23% below the average July 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

DERLIE VILLA Sold Prices

Land registry data shows four sales for DERLIE VILLA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. two of the four DERLIE VILLA sales were for below the average price, and four 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
2017 19 JUL	£315,000	£407,782	23% below HPI
2015 11 NOV	£240,000	£359,410	33% below HPI
2005 31 MAY	£310,000	£287,378	8% above HPI
2004 25 JUN	£290,000	£275,706	5% above HPI

DERLIE VILLA 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 four DERLIE VILLA sales between June 2004 and July 2017 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might DERLIE VILLA be worth now?

DERLIE VILLA might now be worth an estimated £404,192.

This is based on house price inflation of 28.3%, between July 2017 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 28.3% inflationary increase is applied to the most recent sale price for DERLIE VILLA of £315,000 on 19th July 2017. For the value to have increased from £315,000 to £404,192 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of DERLIE VILLA has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The July 2017 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of DERLIE VILLA has not materially changed since July 2017.

How Large is DERLIE VILLA?

DERLIE VILLA is 102m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 DERLIE VILLA lies on this distribution: 9% of detached houses houses are smaller than DERLIE VILLA, and 91% of houses are larger. Note that EPC data is not available for all properties in Rowney Green.

DERLIE VILLA: Plot and Title Map

DERLIE VILLA sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of DERLIE VILLA, 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 DERLIE VILLA). 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 DERLIE VILLA?

DERLIE VILLA is located on ROWNEY GREEN LANE in ROWNEY GREEN, in the B48 postcode district. The below map shows the position of DERLIE VILLA on ROWNEY GREEN LANE.