18, LAUREL DRIVE, NEWPORT, TF10 7LY - £181,000

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

18 LAUREL DRIVE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £181,000 in January 2014, which was around 13% below the average January 2014 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was B.

18 LAUREL DRIVE Sold Prices

Land registry data shows three sales for 18 LAUREL DRIVE 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. All of the three 18 LAUREL DRIVE 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 2 JAN	£181,000	£207,849	13% below HPI
2006 21 DEC	£179,995	£219,166	18% below HPI
2002 15 FEB	£110,000	£116,973	6% below HPI

18 LAUREL DRIVE 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 18 LAUREL DRIVE sales between February 2002 and January 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 December 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18 LAUREL DRIVE?

18 LAUREL DRIVE is 86m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 18 LAUREL DRIVE lies on this distribution: 19% of detached houses are smaller than 18 LAUREL DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Newport.

18 LAUREL DRIVE: Plot and Title Map

18 LAUREL DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 18 LAUREL DRIVE, 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 18 LAUREL DRIVE). 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 18 LAUREL DRIVE?

18 LAUREL DRIVE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 18 on LAUREL DRIVE.