HIGHFIELD COTTAGE, ROWNEY GREEN LANE, ROWNEY GREEN, BIRMINGHAM, B48 7QS - £483,000

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.

HIGHFIELD COTTAGE is a very small extended detached house of 106m², built sometime before 1900, which could now be worth an estimated £566,815. It was last sold for £483,000 in April 2021, which was around 8% above the average April 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

HIGHFIELD COTTAGE Sold Prices

Land registry data shows two sales for HIGHFIELD COTTAGE 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 HIGHFIELD COTTAGE 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 15 APR	£483,000	£445,873	8% above HPI
1996 4 APR	£135,000	£104,386	29% above HPI

HIGHFIELD COTTAGE 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 HIGHFIELD COTTAGE sales from April 1996 and April 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 April 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might HIGHFIELD COTTAGE be worth now?

HIGHFIELD COTTAGE might now be worth an estimated £566,815.

This is based on house price inflation of 17.4%, between April 2021 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 17.4% inflationary increase is applied to the most recent sale price for HIGHFIELD COTTAGE of £483,000 on 15th April 2021. For the value to have increased from £483,000 to £566,815 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of HIGHFIELD COTTAGE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The April 2021 sale price of £483,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHFIELD COTTAGE has not materially changed since April 2021.

How Large is HIGHFIELD COTTAGE?

HIGHFIELD COTTAGE is 106m², which includes three extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% 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 HIGHFIELD COTTAGE lies on this distribution: 15% of detached houses houses are smaller than HIGHFIELD COTTAGE, and 83% of houses are larger. Note that EPC data is not available for all properties in Rowney Green.

HIGHFIELD COTTAGE: Plot and Title Map

HIGHFIELD COTTAGE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of HIGHFIELD COTTAGE, 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 HIGHFIELD COTTAGE). 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 HIGHFIELD COTTAGE?

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