TIMBER HITCH, COALPORT ROAD, BROSELEY, TF12 5AN - £385,000

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

TIMBER HITCH is a large detached house of 135m², built sometime before 1900. It was last sold for £385,000 in January 2021, which was around 15% above the average January 2021 detached price in the Shropshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was A.

TIMBER HITCH Sold Prices

Land registry data shows four sales for TIMBER HITCH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the four TIMBER HITCH sales were 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
2021 21 JAN	£385,000	£335,354	15% above HPI
2009 4 SEP	£325,000	£245,070	33% above HPI
2006 14 SEP	£317,000	£263,056	21% above HPI
1999 30 APR	£129,000	£100,373	29% above HPI

TIMBER HITCH 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 four TIMBER HITCH sales between April 1999 and January 2021 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 September 2009 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is TIMBER HITCH?

TIMBER HITCH is 135m² according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Broseley, based on EPC data. The below chart shows the distribution of detached houses by size in Broseley, and where TIMBER HITCH lies on this distribution: 78% of detached houses are smaller than TIMBER HITCH, and 21% of houses are larger. Note that EPC data is not available for all properties in Broseley.

TIMBER HITCH: Plot and Title Map

TIMBER HITCH sits on a plot of roughly 0.222 of an acre, or 897m². The below map shows the location of TIMBER HITCH, 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 TIMBER HITCH). 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 TIMBER HITCH?

TIMBER HITCH is located on COALPORT ROAD in BROSELEY, in the TF12 postcode district. The below map shows the position of TIMBER HITCH on COALPORT ROAD.