24, COBWELL ROAD, BROSELEY WOOD, BROSELEY, TF12 5QN - £235,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 COBWELL ROAD is a very small extended detached house of 68m², built sometime between 1900 and 1929. It was last sold for £235,000 in May 2022, which was around 37% below the average May 2022 detached price in the Shropshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

24 COBWELL ROAD Sold Prices

Land registry data shows two sales for 24 COBWELL ROAD 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 24 COBWELL ROAD 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
2022 17 MAY	£235,000	£370,436	37% below HPI
1999 11 JUN	£85,500	£102,040	16% below HPI

24 COBWELL ROAD 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 24 COBWELL ROAD sales from June 1999 and May 2022 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 June 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 24 COBWELL ROAD?

24 COBWELL ROAD is 68m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 24 COBWELL ROAD lies on this distribution: 10% of detached houses are smaller than 24 COBWELL ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Broseley.

24 COBWELL ROAD: Plot and Title Map

24 COBWELL ROAD sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 24 COBWELL ROAD, 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 24 COBWELL ROAD). 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 24 COBWELL ROAD?

24 COBWELL ROAD is located in BROSELEY WOOD, in the TF12 postcode district. The below map shows the position of No. 24 on COBWELL ROAD.