2, KING STREET, BROSELEY WOOD, BROSELEY, TF12 5PN - £245,000

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

2 KING STREET is a large extended detached house of 115m², built sometime before 1900. It was last sold for £245,000 in January 2021, which was around 27% below the average January 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

2 KING STREET Sold Prices

Land registry data shows four sales for 2 KING STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four 2 KING STREET sales were for below 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 13 JAN	£245,000	£335,354	27% below HPI
2001 23 APR	£125,000	£128,434	3% below HPI
1999 2 DEC	£87,000	£107,820	19% below HPI
1997 11 DEC	£66,500	£94,298	29% below HPI

2 KING STREET 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 four 2 KING STREET sales between December 1997 and January 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 April 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 KING STREET?

2 KING STREET is 115m², which includes two extensions, according to the EPC inspection conducted in October 2019. 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 2 KING STREET lies on this distribution: 62% of detached houses are smaller than 2 KING STREET, and 37% of houses are larger. Note that EPC data is not available for all properties in Broseley.

2 KING STREET: Plot and Title Map

2 KING STREET sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 2 KING STREET, 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 2 KING STREET). 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 2 KING STREET?

2 KING STREET is located in BROSELEY WOOD, in the TF12 postcode district. The below map shows the position of No. 2 on KING STREET.