REDBROOK, CHAPEL LANE, BROSELEY, TF12 5HF - £285,000

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

REDBROOK is a very large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £285,000 in November 2016, which was around 1% below the average November 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

REDBROOK Sold Prices

Land registry data shows three sales for REDBROOK 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. Two of the three REDBROOK sales were for below the average price, whilst one was 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
2016 10 NOV	£285,000	£288,273	1% below HPI
2010 15 JUL	£250,000	£259,736	4% below HPI
2002 9 AUG	£192,500	£165,908	16% above HPI

REDBROOK 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 REDBROOK sales between August 2002 and November 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 July 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is REDBROOK?

REDBROOK is 141m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 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 REDBROOK lies on this distribution: 82% of detached houses are smaller than REDBROOK, and 18% of houses are larger. Note that EPC data is not available for all properties in Broseley.

REDBROOK: Plot and Title Map

REDBROOK sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of REDBROOK, 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 REDBROOK). 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 REDBROOK?

REDBROOK is located on CHAPEL LANE in BROSELEY, in the TF12 postcode district. The below map shows the position of REDBROOK on CHAPEL LANE.