MALTSERS COTTAGE, PERRYFIELDS ROAD, BROMSGROVE, B61 8QW - £457,500

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

MALTSERS COTTAGE is a very small extended detached house of 91m², built sometime before 1900. It was last sold for £457,500 in July 2023, which was around 10% below the average July 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

MALTSERS COTTAGE Sold Prices

Land registry data shows three sales for MALTSERS COTTAGE 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 MALTSERS COTTAGE sales were 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
2023 31 JUL	£457,500	£510,975	10% below HPI
2017 26 OCT	£300,000	£411,237	27% below HPI
2008 16 JUN	£210,000	£316,896	34% below HPI

MALTSERS 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 three MALTSERS COTTAGE sales between June 2008 and July 2023 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 October 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is MALTSERS COTTAGE?

MALTSERS COTTAGE is 91m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where MALTSERS COTTAGE lies on this distribution: 15% of detached houses are smaller than MALTSERS COTTAGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

MALTSERS COTTAGE: Plot and Title Map

MALTSERS COTTAGE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of MALTSERS 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 MALTSERS 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 MALTSERS COTTAGE?

MALTSERS COTTAGE is located on PERRYFIELDS ROAD in BROMSGROVE, in the B61 postcode district. The below map shows the position of MALTSERS COTTAGE on PERRYFIELDS ROAD.