GREAT WESTERN HOUSE, SHAW LANE, STOKE PRIOR, BROMSGROVE, B60 4EE - £575,000

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.

GREAT WESTERN HOUSE is a large extended detached house of 114m², built sometime before 1900, which could now be worth an estimated £603,625. It was last sold for £575,000 in May 2022, which was around 15% above the average May 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2018, where the current energy rating was G, and the potential energy rating was E.

GREAT WESTERN HOUSE Sold Prices

Land registry data shows two sales for GREAT WESTERN HOUSE 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 GREAT WESTERN HOUSE sales was for above the average price, whilst the other was for below 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 13 MAY	£575,000	£498,432	15% above HPI
2020 19 AUG	£360,000	£437,576	18% below HPI

GREAT WESTERN HOUSE 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 GREAT WESTERN HOUSE sales from August 2020 and May 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 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might GREAT WESTERN HOUSE be worth now?

GREAT WESTERN HOUSE might now be worth an estimated £603,625.

This is based on house price inflation of 5%, between May 2022 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 5% inflationary increase is applied to the most recent sale price for GREAT WESTERN HOUSE of £575,000 on 13th May 2022. For the value to have increased from £575,000 to £603,625 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of GREAT WESTERN HOUSE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of GREAT WESTERN HOUSE has not materially changed since May 2022.

How Large is GREAT WESTERN HOUSE?

GREAT WESTERN HOUSE is 114m², which includes four extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% of detached houses houses in Stoke Prior, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Prior, and where GREAT WESTERN HOUSE lies on this distribution: 68% of detached houses houses are smaller than GREAT WESTERN HOUSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Stoke Prior.

GREAT WESTERN HOUSE: Plot and Title Map

GREAT WESTERN HOUSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of GREAT WESTERN HOUSE, 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 GREAT WESTERN HOUSE). 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 GREAT WESTERN HOUSE?

GREAT WESTERN HOUSE is located on SHAW LANE in STOKE PRIOR, in the B60 postcode district. The below map shows the position of GREAT WESTERN HOUSE on SHAW LANE.