38, BROADWAY, KETLEY, TELFORD, TF1 5AS - £112,000

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.

38 BROADWAY is a very small semi-detached house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £198,531. It was last sold for £112,000 in December 2011, which was around 1% below the average December 2011 semi-detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

38 BROADWAY Sold Prices

Land registry data shows two sales for 38 BROADWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 38 BROADWAY 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
2011 21 DEC	£112,000	£112,775	1% below HPI
1997 17 OCT	£28,000	£41,652	33% below HPI

38 BROADWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 38 BROADWAY sales from October 1997 and December 2011 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 October 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2011 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 38 BROADWAY be worth now?

38 BROADWAY might now be worth an estimated £198,531.

This is based on house price inflation of 77.3%, between December 2011 and May 2026, for semi-detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 77.3% inflationary increase is applied to the most recent sale price for 38 BROADWAY of £112,000 on 21st December 2011. For the value to have increased from £112,000 to £198,531 over the fifteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 38 BROADWAY has moved in line with the HPI for semi-detached houses in the Telford and Wrekin local authority area.
• The December 2011 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 38 BROADWAY has not materially changed since December 2011.

How Large is 38 BROADWAY?

38 BROADWAY is 73m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of semi-detached houses houses in Telford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Telford, and where 38 BROADWAY lies on this distribution: 7% of semi-detached houses houses are smaller than 38 BROADWAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Telford.

38 BROADWAY: Plot and Title Map

38 BROADWAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 38 BROADWAY, 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 38 BROADWAY). 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 38 BROADWAY?

38 BROADWAY is located in KETLEY, in the TF1 postcode district. The below map shows the position of No. 38 on BROADWAY.