WELLINGTON LODGE, CHANCERY MEWS, BROMSGROVE, B60 2DH - £335,000

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.

WELLINGTON LODGE is a midsized extended detached house of 124m², built sometime between 1996 and 2002, which could now be worth an estimated £395,453. It was last sold for £335,000 in March 2021, which was around 24% below the average March 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

WELLINGTON LODGE Sold Prices

Land registry data shows four sales for WELLINGTON LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. two of the four WELLINGTON LODGE sales were for below the average price, and four 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 26 MAR	£335,000	£443,256	24% below HPI
2012 19 MAR	£250,000	£305,491	18% below HPI
2004 16 JUL	£320,000	£274,225	17% above HPI
2001 23 NOV	£249,950	£184,835	35% above HPI

WELLINGTON LODGE 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 four WELLINGTON LODGE sales between November 2001 and March 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 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might WELLINGTON LODGE be worth now?

WELLINGTON LODGE might now be worth an estimated £395,453.

This is based on house price inflation of 18%, between March 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 18% inflationary increase is applied to the most recent sale price for WELLINGTON LODGE of £335,000 on 26th March 2021. For the value to have increased from £335,000 to £395,453 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of WELLINGTON LODGE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The March 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of WELLINGTON LODGE has not materially changed since March 2021.

How Large is WELLINGTON LODGE?

WELLINGTON LODGE is 124m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 50% of detached houses houses in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bromsgrove, and where WELLINGTON LODGE lies on this distribution: 56% of detached houses houses are smaller than WELLINGTON LODGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bromsgrove.

WELLINGTON LODGE: Plot and Title Map

WELLINGTON LODGE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of WELLINGTON LODGE, 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 WELLINGTON LODGE). 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 WELLINGTON LODGE?

WELLINGTON LODGE is located on CHANCERY MEWS in BROMSGROVE, in the B60 postcode district. The below map shows the position of WELLINGTON LODGE on CHANCERY MEWS.