55, THE MINES, BENTHALL, BROSELEY, TF12 5QY - £225,000

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

55 THE MINES is a very small detached house of 70m², built sometime before 1900. It was last sold for £225,000 in October 2016, which was around 22% below the average October 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was B.

55 THE MINES Sold Prices

Land registry data shows three sales for 55 THE MINES 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 55 THE MINES 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
2016 28 OCT	£225,000	£289,250	22% below HPI
2013 13 DEC	£150,000	£251,948	40% below HPI
2002 17 MAY	£104,000	£149,374	30% below HPI

55 THE MINES 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 55 THE MINES sales between May 2002 and October 2016 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 December 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the October 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 55 THE MINES?

55 THE MINES is 70m² according to the EPC inspection conducted in August 2016. 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 55 THE MINES lies on this distribution: 12% of detached houses are smaller than 55 THE MINES, and 87% of houses are larger. Note that EPC data is not available for all properties in Broseley.

55 THE MINES: Plot and Title Map

55 THE MINES sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 55 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 55 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.

Where is 55 THE MINES?

55 THE MINES is located in BENTHALL, in the TF12 postcode district. The below map shows the position of No. 55 on THE MINES.