62, CHERRYBROOK DRIVE, BROSELEY, TF12 5SH - £195,000

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

62 CHERRYBROOK DRIVE is a midsized detached house of 112m², built sometime between 1983 and 1990. It was last sold for £195,000 in November 2014, which was around 26% below the average November 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

62 CHERRYBROOK DRIVE Sold Prices

Land registry data shows two sales for 62 CHERRYBROOK DRIVE 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 62 CHERRYBROOK DRIVE 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
2014 13 NOV	£195,000	£263,757	26% below HPI
2012 5 OCT	£175,000	£250,460	30% below HPI

62 CHERRYBROOK DRIVE 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 62 CHERRYBROOK DRIVE sales from October 2012 and November 2014 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 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 62 CHERRYBROOK DRIVE?

62 CHERRYBROOK DRIVE is 112m² according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of detached houses in Broseley, based on EPC data. The below chart shows the distribution of detached houses by size in Broseley, and where 62 CHERRYBROOK DRIVE lies on this distribution: 57% of detached houses are smaller than 62 CHERRYBROOK DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Broseley.

62 CHERRYBROOK DRIVE: Plot and Title Map

62 CHERRYBROOK DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 62 CHERRYBROOK DRIVE, 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 62 CHERRYBROOK DRIVE). 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 62 CHERRYBROOK DRIVE?

62 CHERRYBROOK DRIVE is located in BROSELEY, in the TF12 postcode district. The below map shows the position of No. 62 on CHERRYBROOK DRIVE.