16, COLLINS CLOSE, BROSELEY, TF12 5BT - £197,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 COLLINS CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £323,174. It was last sold for £197,500 in March 2014, which was around 25% below the average March 2014 detached price in the Shropshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

16 COLLINS CLOSE Sold Prices

Land registry data shows two sales for 16 COLLINS CLOSE 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 16 COLLINS CLOSE 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 5 MAR	£197,500	£262,078	25% below HPI
2002 1 NOV	£127,000	£177,890	29% below HPI

16 COLLINS CLOSE 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 16 COLLINS CLOSE sales from November 2002 and March 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 November 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 16 COLLINS CLOSE be worth now?

16 COLLINS CLOSE might now be worth an estimated £323,174.

This is based on house price inflation of 63.6%, between March 2014 and October 2025, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.6% inflationary increase is applied to the most recent sale price for 16 COLLINS CLOSE of £197,500 on 5th March 2014. For the value to have increased from £197,500 to £323,174 over the ten years and five months to October 2025, the following assumptions must hold true:

• The value of 16 COLLINS CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The March 2014 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 16 COLLINS CLOSE has not materially changed since March 2014.

How Large is 16 COLLINS CLOSE?

16 COLLINS CLOSE is 70m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of detached houses houses in Broseley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broseley, and where 16 COLLINS CLOSE lies on this distribution: 12% of detached houses houses are smaller than 16 COLLINS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Broseley.

16 COLLINS CLOSE: Plot and Title Map

16 COLLINS CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 16 COLLINS CLOSE, 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 16 COLLINS CLOSE). 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 16 COLLINS CLOSE?

16 COLLINS CLOSE is located in BROSELEY, in the TF12 postcode district. The below map shows the position of No. 16 on COLLINS CLOSE.