GRANGE FARM, BIRMINGHAM ROAD, HOPWOOD, BIRMINGHAM, B48 7AJ - £980,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GRANGE FARM is a large extended detached house of 216m², built sometime between 1900 and 1929. It was last sold for £980,000 in September 2022, which was around 90% above the average September 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

GRANGE FARM Sold Prices

Land registry data shows three sales for GRANGE FARM 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. All of the three GRANGE FARM 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
2022 23 SEP	£980,000	£514,771	90% above HPI
2005 12 AUG	£345,000	£283,869	22% above HPI
2001 21 SEP	£250,000	£178,848	40% above HPI

GRANGE FARM 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 GRANGE FARM sales between September 2001 and September 2022 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 August 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2022 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is GRANGE FARM?

GRANGE FARM is 216m², which includes four extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Hopwood, based on EPC data. The below chart shows the distribution of detached houses by size in Hopwood, and where GRANGE FARM lies on this distribution: 78% of detached houses are smaller than GRANGE FARM, and 22% of houses are larger. Note that EPC data is not available for all properties in Hopwood.

GRANGE FARM: Plot and Title Map

GRANGE FARM sits on a plot of roughly 1.4 acres, or 5,804m². The below map shows the location of GRANGE FARM, 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 GRANGE FARM). 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 GRANGE FARM?

GRANGE FARM is located on BIRMINGHAM ROAD in HOPWOOD, in the B48 postcode district. The below map shows the position of GRANGE FARM on BIRMINGHAM ROAD.