HEATHERCROFT, SCHOOL LANE, ALVECHURCH, BIRMINGHAM, B48 7SB - £960,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HEATHERCROFT is a very large extended detached house of 346m², built sometime between 1967 and 1975. It was last sold for £960,000 in June 2021, which was around 111% above the average June 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

HEATHERCROFT Sold Prices

Land registry data shows two sales for HEATHERCROFT 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 HEATHERCROFT 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
2021 2 JUN	£960,000	£455,916	111% above HPI
2003 5 MAR	£305,000	£228,921	33% above HPI

HEATHERCROFT 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 HEATHERCROFT sales from March 2003 and June 2021 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 March 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2021 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.

How Large is HEATHERCROFT?

HEATHERCROFT is 346m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where HEATHERCROFT lies on this distribution: 97% of detached houses are smaller than HEATHERCROFT, and 3% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

HEATHERCROFT: Plot and Title Map

HEATHERCROFT sits on a plot of roughly 0.447 of an acre, or 1,808m². The below map shows the location of HEATHERCROFT, 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 HEATHERCROFT). 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 HEATHERCROFT?

HEATHERCROFT is located on SCHOOL LANE in ALVECHURCH, in the B48 postcode district. The below map shows the position of HEATHERCROFT on SCHOOL LANE.