OLCOTE, TOP ROAD, WILDMOOR, BROMSGROVE, B61 0RB - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OLCOTE is a small detached house of 113m², built sometime between 1900 and 1929. It was last sold for £360,000 in May 2014, which was around 10% above the average May 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

OLCOTE Sold Prices

Land registry data shows two sales for OLCOTE 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 OLCOTE 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
2014 9 MAY	£360,000	£327,609	10% above HPI
2003 14 FEB	£250,000	£220,619	13% above HPI

OLCOTE 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 OLCOTE sales from February 2003 and May 2014 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 February 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is OLCOTE?

OLCOTE is 113m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Wildmoor, based on EPC data. The below chart shows the distribution of detached houses by size in Wildmoor, and where OLCOTE lies on this distribution: 20% of detached houses are smaller than OLCOTE, and 80% of houses are larger. Note that EPC data is not available for all properties in Wildmoor.

OLCOTE: Plot and Title Map

OLCOTE sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of OLCOTE, 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 OLCOTE). 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 OLCOTE?

OLCOTE is located on TOP ROAD in WILDMOOR, in the B61 postcode district. The below map shows the position of OLCOTE on TOP ROAD.