GREENLEA, WESTERN ROAD, HAGLEY, STOURBRIDGE, DY9 0HZ - £595,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

GREENLEA is a large extended detached house of 185m², built sometime between 1950 and 1966. It was last sold for £595,000 in May 2018, which was around 44% above the average May 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

GREENLEA Sold Prices

Land registry data shows three sales for GREENLEA 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 GREENLEA 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
2018 25 MAY	£595,000	£413,343	44% above HPI
2014 25 SEP	£495,000	£333,919	48% above HPI
1997 20 JUN	£122,500	£116,932	5% above HPI

GREENLEA 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 GREENLEA sales between June 1997 and May 2018 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 September 2014 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the May 2018 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is GREENLEA?

GREENLEA is 185m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where GREENLEA lies on this distribution: 71% of detached houses are smaller than GREENLEA, and 29% of houses are larger. Note that EPC data is not available for all properties in Hagley.

GREENLEA: Plot and Title Map

GREENLEA sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of GREENLEA, 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 GREENLEA). 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 GREENLEA?

GREENLEA is located on WESTERN ROAD in HAGLEY, in the DY9 postcode district. The below map shows the position of GREENLEA on WESTERN ROAD.