7, ROSELEA CLOSE, BROSELEY, TF12 5AA - £150,000

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.

7 ROSELEA CLOSE is a very small terraced house of 61m², built sometime between 2007 and 2011, which could now be worth an estimated £156,073. It was last sold for £150,000 in September 2022, which was around 24% below the average September 2022 terraced price in the Shropshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

7 ROSELEA CLOSE Sold Prices

Land registry data shows three sales for 7 ROSELEA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. All of the three 7 ROSELEA 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
2022 9 SEP	£150,000	£198,074	24% below HPI
2017 10 JUL	£123,000	£146,514	16% below HPI
2013 18 DEC	£120,000	£128,384	7% below HPI

7 ROSELEA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The three 7 ROSELEA CLOSE sales between December 2013 and September 2022 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 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 ROSELEA CLOSE be worth now?

7 ROSELEA CLOSE might now be worth an estimated £156,073.

This is based on house price inflation of 4%, between September 2022 and July 2026, for terraced 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 4% inflationary increase is applied to the most recent sale price for 7 ROSELEA CLOSE of £150,000 on 9th September 2022. For the value to have increased from £150,000 to £156,073 over the four years and two months to July 2026, the following assumptions must hold true:

• The value of 7 ROSELEA CLOSE has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The September 2022 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROSELEA CLOSE has not materially changed since September 2022.

How Large is 7 ROSELEA CLOSE?

7 ROSELEA CLOSE is 61m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of terraced houses houses in Broseley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Broseley, and where 7 ROSELEA CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 7 ROSELEA CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Broseley.

7 ROSELEA CLOSE: Plot and Title Map

7 ROSELEA CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 7 ROSELEA 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 7 ROSELEA 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 7 ROSELEA CLOSE?

7 ROSELEA CLOSE is located in BROSELEY, in the TF12 postcode district. The below map shows the position of No. 7 on ROSELEA CLOSE.