LAVEROCKS, MAYPOLE ROAD, BROSELEY WOOD, BROSELEY, TF12 5QJ - £370,000

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

LAVEROCKS is a midsized extended detached house of 112m², built sometime between 1930 and 1949. It was last sold for £370,000 in May 2024, which was around 6% below the average May 2024 detached price in the Shropshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

LAVEROCKS Sold Prices

Land registry data shows three sales for LAVEROCKS 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 LAVEROCKS 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
2024 1 MAY	£370,000	£393,383	6% below HPI
2010 12 MAR	£250,000	£251,968	1% below HPI
1999 5 OCT	£66,000	£109,332	40% below HPI

LAVEROCKS 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 LAVEROCKS sales between October 1999 and May 2024 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 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is LAVEROCKS?

LAVEROCKS is 112m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 LAVEROCKS lies on this distribution: 57% of detached houses are smaller than LAVEROCKS, and 42% of houses are larger. Note that EPC data is not available for all properties in Broseley.

LAVEROCKS: Plot and Title Map

LAVEROCKS sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of LAVEROCKS, 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 LAVEROCKS). 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 LAVEROCKS?

LAVEROCKS is located on MAYPOLE ROAD in BROSELEY WOOD, in the TF12 postcode district. The below map shows the position of LAVEROCKS on MAYPOLE ROAD.