11, SPEEDS LANE, BROSELEY, TF12 5RQ - £300,000

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

11 SPEEDS LANE is a large extended detached house of 123m², built sometime before 1900. It was last sold for £300,000 in October 2013, which was around 17% above the average October 2013 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

11 SPEEDS LANE Sold Prices

Land registry data shows two sales for 11 SPEEDS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 11 SPEEDS LANE 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
2013 11 OCT	£300,000	£256,647	17% above HPI
2002 5 AUG	£175,000	£165,908	5% above HPI

11 SPEEDS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 11 SPEEDS LANE sales from August 2002 and October 2013 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 August 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2013 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 11 SPEEDS LANE?

11 SPEEDS LANE is 123m², which includes three extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses in Broseley, based on EPC data. The below chart shows the distribution of detached houses by size in Broseley, and where 11 SPEEDS LANE lies on this distribution: 69% of detached houses are smaller than 11 SPEEDS LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Broseley.

11 SPEEDS LANE: Plot and Title Map

11 SPEEDS LANE sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of 11 SPEEDS LANE, 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 11 SPEEDS LANE). 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 11 SPEEDS LANE?

11 SPEEDS LANE is located in BROSELEY, in the TF12 postcode district. The below map shows the position of No. 11 on SPEEDS LANE.