PINE VIEW, AVENUE ROAD, BROSELEY, TF12 5DL - £265,000

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

PINE VIEW is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £265,000 in February 2019, which was around 15% below the average February 2019 detached price in the Shropshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

PINE VIEW Sold Prices

Land registry data shows two sales for PINE VIEW 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 PINE VIEW 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
2019 1 FEB	£265,000	£311,273	15% below HPI
2019 23 JAN	£500	£306,230	100% below HPI

PINE VIEW 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 PINE VIEW sales from January 2019 and February 2019 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 January 2019 sale was for 100% below the HPI. So the extrapolation line tracks at 100% below the HPI over time, until the February 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is PINE VIEW?

PINE VIEW is 110m², which includes two extensions, according to the EPC inspection conducted in March 2013. 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 PINE VIEW lies on this distribution: 55% of detached houses are smaller than PINE VIEW, and 44% of houses are larger. Note that EPC data is not available for all properties in Broseley.

PINE VIEW: Plot and Title Map

PINE VIEW sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of PINE VIEW, 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 PINE VIEW). 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 PINE VIEW?

PINE VIEW is located on AVENUE ROAD in BROSELEY, in the TF12 postcode district. The below map shows the position of PINE VIEW on AVENUE ROAD.