Detached 2 sales on record

7 GRIMPITS LANE

BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY

£360,000

Location

Map view View on Google Maps View on OpenStreetMap Street View B38 9EY

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Longdales Rd / Edgewood Rd	0.2 miles
Shop	Kasda Daily Store	0.5 miles
Hospital	West Heath Hospital	1.3 miles
Train station	Kings Norton	1.6 miles
University	Birmingham City University, Bournville Campus	2.7 miles

Property details

Tenure

Freehold

Property type

Detached

Floor area

117 m²

EPC rating

Year built

England and Wales: 1996-2002

Last sold

£360,000 Jan 2026

Price per m²

£3,077/m²

Local average

£416,667 (3 sales)

Street crime

117 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 06/09/2024

Expiry date: 05/09/2034

Current heating cost: £1,725/year

Potential heating cost: £1,495/year

Est. upgrade cost to C: £34,725

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Increase loft insulation to 270 mm (£100 - £350)
Floor insulation (solid floor) (£4,000 - £6,000)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)
Wind turbine (£15,000 - £25,000)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	22/01/2026	£360,000	Detached	+403.5%	£359,280 to April 2026	View transaction
Sold	05/02/1999	£71,500	Detached	—	£272,355 to April 2026	View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
1 GRIMPITS LANE, BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY	£750,000	17/11/2023	Detached

Area average: £750,000 (1 sale)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -35.4%

10y growth 0.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Bromsgrove. Series: Detached. As of April 2026.

1y (index) -0.3%

5y (index) 17%

10y (index) 43%

Rental Range

Estimated market rent for Bromsgrove. Low = conservative, Realistic = average, Optimistic = best case.

Low £881/mo

Realistic £979/mo

Optimistic £1,077/mo

Based on Local Authority from postcode lookup → Bromsgrove.

LHA (30th percentile) floor for Birmingham: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Semi-Detached House, Primrose Hill, B38	£1,300/mo	3	0.65 miles	OpenRent
1 Bed Flat, Glenavon House, B38	£825/mo	1	1.02 miles	OpenRent
3 Bed Semi-Detached House, Chelworth Road, B38	£1,395/mo	3	1.05 miles	OpenRent
3 Bed Semi-Detached House, Grange Farm Drive, B38	£1,295/mo	3	1.09 miles	OpenRent

Average rent: £1,204/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.36%

Max investor price (0.8%) £162,250

Target investor price (1%) £129,800

Gross yield 4.3%

Cost-to-rent ratio 23.1×

Monthly cashflow £-275/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -3.2%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category	Count
Violence and sexual offences	54
Other theft	12
Criminal damage and arson	10
Possession of weapons	9
Vehicle crime	9
Public order	6
Burglary	5
Anti-social behaviour	4
Other crime	2
Robbery	2
Shoplifting	2
Bicycle theft	1
Drugs	1
Total incidents	117

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Ark Kings Academy	Other	0.5 miles	Good — 25 Apr 2024
Hawkesley Church Primary Academy	Primary	0.6 miles	Good — 18 Nov 2021
St Paul's Catholic Primary School	Primary	0.6 miles	Good — 13 Jan 2022
New Ways School	Other	1.0 miles	Outstanding — 15 May 2023
Kings Norton Junior and Infant School	Primary	1.2 miles	Inadequate — 2 Dec 2021

FENSA

Checking FENSA certificates for this address. Refresh in a few minutes.

# 7 GRIMPITS LANE, BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY

## Property details

- Slug: `e1029e9` (address key hash: `e1029e9082456fc3d0a1b6aaf3dcb1dcef53aa19`)
- Postcode: B38 9EY
- Transactions on record: 2

- Tenure: Freehold
- Property type: Detached
- Floor area: 117 m²
- EPC rating: E
- Year built: England and Wales: 1996-2002
- Last sold: £360,000 Jan 2026
- Price per m²: £3,077/m²
- Local average: £416,667 (3 sales)
- Street crime: 117 incidents within 1 mile (May 2026)

## Latest sale

- Price: £360,000
- Date: 2026-01-22
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Expiry date:** 05/09/2034
- **Current heating cost:** £1,725/year
- **Est. upgrade cost to C:** £34,725

### Recommendations
- A (£100 - £350)
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)
- V2 (£15,000 - £25,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7220-0016-0515-6100-1413)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-22 | £360,000 | Detached | +403.5% | £359,280 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c32-9db8-591c-e063-4704a8c00c31) |
| Sold | 1999-02-05 | £71,500 | Detached | — | £272,355 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/bf548000-0db4-4904-ad08-9aaadd7a5734) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7 GRIMPITS LANE, BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY | £360,000 | 22/01/2026 | Detached |
| 7 GRIMPITS LANE, BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY | £71,500 | 05/02/1999 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 GRIMPITS LANE, BIRMINGHAM, BROMSGROVE, WORCESTERSHIRE, B38 9EY | £750,000 | 17/11/2023 | Detached |

**Area average:** £750,000 (1 sale)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -35.4%
- **10y growth:** 0.6%

## House Price Index (HM Land Registry)

*Official index for Bromsgrove; Detached series; as of April 2026.*

- **1y growth (index):** -0.3%
- **5y growth (index):** 17%
- **10y growth (index):** 43%

## Rental Range

*ONS Price Index of Private Rents (Bromsgrove). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £881/mo
- **Realistic:** £979/mo
- **Optimistic:** £1,077/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Birmingham (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Primrose Hill, B38 | £1,300/mo | 3 | 0.65 miles | OpenRent |
| 1 Bed Flat, Glenavon House, B38 | £825/mo | 1 | 1.02 miles | OpenRent |
| 3 Bed Semi-Detached House, Chelworth Road, B38 | £1,395/mo | 3 | 1.05 miles | OpenRent |
| 3 Bed Semi-Detached House, Grange Farm Drive, B38 | £1,295/mo | 3 | 1.09 miles | OpenRent |

**Average rent: £1,204/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.36% (weak for cashflow)
- **Max investor price (0.8%):** £162,250
- **Target investor price (1%):** £129,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,298/mo).*

- **Gross yield:** 4.3%
- **Cost-to-rent:** 23.1×
- **Monthly cashflow:** £-275/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 54 |
| Other theft | 12 |
| Criminal damage and arson | 10 |
| Possession of weapons | 9 |
| Vehicle crime | 9 |
| Public order | 6 |
| Burglary | 5 |
| Anti-social behaviour | 4 |
| Other crime | 2 |
| Robbery | 2 |
| Shoplifting | 2 |
| Bicycle theft | 1 |
| Drugs | 1 |
| **Total incidents** | **117** |

*Within 1 mile during May 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Ark Kings Academy | Other | 0.5 miles | Good — 25 Apr 2024 |
| Hawkesley Church Primary Academy | Primary | 0.6 miles | Good — 18 Nov 2021 |
| St Paul's Catholic Primary School | Primary | 0.6 miles | Good — 13 Jan 2022 |
| New Ways School | Other | 1.0 miles | Outstanding — 15 May 2023 |
| Kings Norton Junior and Infant School | Primary | 1.2 miles | Inadequate — 2 Dec 2021 |