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
49 THE MINES is a very large extended detached house of 224m², built sometime before 1900. It was last sold for £280,000 in December 2004, which was around 20% above the average December 2004 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 49 THE MINES since 1st 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 49 THE MINES sales were for above 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 |
---|---|---|---|
2004 22 DEC | £280,000 | £233,055 | 20% above HPI |
2000 16 MAR | £160,000 | £108,971 | 47% above HPI |
1998 16 JAN | £137,500 | £95,273 | 44% above HPI |
The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 49 THE MINES sales between January 1998 and December 2004 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 March 2000 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2004 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.
49 THE MINES is 224m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses in Broseley, based on EPC data. The below chart shows the distribution of detached houses by size in Broseley, and where 49 THE MINES lies on this distribution: 99% of detached houses are smaller than 49 THE MINES, and 1% of houses are larger. Note that EPC data is not available for all properties in Broseley.
49 THE MINES sits on a plot of roughly 0.402 of an acre, or 1,628m². The below map shows the location of 49 THE MINES, 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 49 THE MINES). 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.
49 THE MINES is located in BENTHALL, in the TF12 postcode district. The below map shows the position of No. 49 on THE MINES.