2, RIDDINGS CLOSE, BROSELEY, TF12 5SE - £180,000

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 RIDDINGS CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £180,000 in July 2015, which was around 33% below the average July 2015 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

2 RIDDINGS CLOSE Sold Prices

Land registry data shows three sales for 2 RIDDINGS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 2 RIDDINGS CLOSE 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
2015 17 JUL	£180,000	£270,117	33% below HPI
2008 4 APR	£130,000	£269,849	52% below HPI
1998 27 NOV	£63,000	£99,484	37% below HPI

2 RIDDINGS CLOSE 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 three 2 RIDDINGS CLOSE sales between November 1998 and July 2015 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 2008 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2015 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 RIDDINGS CLOSE?

2 RIDDINGS CLOSE is 76m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% 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 RIDDINGS CLOSE lies on this distribution: 20% of detached houses are smaller than 2 RIDDINGS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Broseley.

2 RIDDINGS CLOSE: Plot and Title Map

2 RIDDINGS CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 2 RIDDINGS CLOSE, 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 RIDDINGS CLOSE). 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 RIDDINGS CLOSE?

2 RIDDINGS CLOSE is located in BROSELEY, in the TF12 postcode district. The below map shows the position of No. 2 on RIDDINGS CLOSE.