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
17 OAK AVENUE is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £250,000 in March 2023, which was around 28% below the average March 2023 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.
Land registry data shows three sales for 17 OAK AVENUE since 1st 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. All of the three 17 OAK AVENUE 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 |
---|---|---|---|
2023 17 MAR | £250,000 | £348,654 | 28% below HPI |
2013 6 SEP | £160,000 | £211,972 | 25% below HPI |
2006 20 APR | £120,000 | £206,831 | 42% below HPI |
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 17 OAK AVENUE sales between April 2006 and March 2023 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 2013 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
17 OAK AVENUE is 68m², 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 17 OAK AVENUE lies on this distribution: 5% of detached houses are smaller than 17 OAK AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newport.
17 OAK AVENUE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 17 OAK AVENUE, 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 17 OAK AVENUE). 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.
17 OAK AVENUE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 17 on OAK AVENUE.