10, WATER LANE, NEWPORT, TF10 7LD - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 WATER LANE is a very small extended detached house of 64m², built sometime before 1900. It was last sold for £240,000 in February 2008, which was around 4% above the average February 2008 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

10 WATER LANE Sold Prices

Land registry data shows three sales for 10 WATER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. One of the three 10 WATER LANE sales was for above the average price, whilst two 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
2008 29 FEB	£240,000	£231,724	4% above HPI
2004 18 FEB	£95,000	£177,154	46% below HPI
2002 26 APR	£69,250	£121,975	43% below HPI

10 WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The three 10 WATER LANE sales between April 2002 and February 2008 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 February 2004 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2008 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 10 WATER LANE?

10 WATER LANE is 64m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 10 WATER LANE lies on this distribution: 4% of detached houses are smaller than 10 WATER LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Newport.

10 WATER LANE: Plot and Title Map

10 WATER LANE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 10 WATER LANE, 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 10 WATER LANE). 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 10 WATER LANE?

10 WATER LANE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 10 on WATER LANE.