38, BROADWAY, KETLEY, TELFORD, TF1 5AS - £112,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

38 BROADWAY is a very small semi-detached house of 73m², built sometime between 1900 and 1929. It was last sold for £112,000 in December 2011, which was around 45% below the average December 2011 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

38 BROADWAY Sold Prices

Land registry data shows two sales for 38 BROADWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 38 BROADWAY 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
2011 21 DEC	£112,000	£204,885	45% below HPI
1997 17 OCT	£28,000	£79,018	65% below HPI

38 BROADWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 38 BROADWAY sales from October 1997 and December 2011 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 October 1997 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the December 2011 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 38 BROADWAY?

38 BROADWAY is 73m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 38 BROADWAY lies on this distribution: 7% of detached houses are smaller than 38 BROADWAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

38 BROADWAY: Plot and Title Map

38 BROADWAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 38 BROADWAY, 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 38 BROADWAY). 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 38 BROADWAY?

38 BROADWAY is located in KETLEY, in the TF1 postcode district. The below map shows the position of No. 38 on BROADWAY.