40, IRONBRIDGE ROAD, BROSELEY, TF12 5AJ - £345,000

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

40 IRONBRIDGE ROAD is a midsized extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £345,000 in October 2023, which was around 12% below the average October 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

40 IRONBRIDGE ROAD Sold Prices

Land registry data shows two sales for 40 IRONBRIDGE 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 40 IRONBRIDGE 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
2023 11 OCT	£345,000	£392,525	12% below HPI
2015 10 NOV	£210,000	£277,509	24% below HPI

40 IRONBRIDGE 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 40 IRONBRIDGE ROAD sales from November 2015 and October 2023 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 November 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 40 IRONBRIDGE ROAD?

40 IRONBRIDGE ROAD is 109m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 40 IRONBRIDGE ROAD lies on this distribution: 44% of detached houses are smaller than 40 IRONBRIDGE ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Telford.

40 IRONBRIDGE ROAD: Plot and Title Map

40 IRONBRIDGE ROAD sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 40 IRONBRIDGE 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 40 IRONBRIDGE 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 40 IRONBRIDGE ROAD?

40 IRONBRIDGE ROAD is located in BROSELEY, in the TF12 postcode district. The below map shows the position of No. 40 on IRONBRIDGE ROAD.