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
WELLINGTON LODGE is a midsized extended detached house of 124m², built sometime between 1996 and 2002. 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.
Land registry data shows four sales for WELLINGTON LODGE since 1st 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 | £440,230 | 24% below HPI |
2012 19 MAR | £250,000 | £303,406 | 18% below HPI |
2004 16 JUL | £320,000 | £272,353 | 17% above HPI |
2001 23 NOV | £249,950 | £183,573 | 36% above HPI |
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.
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 in Bromsgrove, based on EPC data. The below chart shows the distribution of detached houses by size in Bromsgrove, and where WELLINGTON LODGE lies on this distribution: 56% of detached 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 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.
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.