2, PLOUGH LANE, NEWPORT, TF10 8BS - £270,000

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

2 PLOUGH LANE is a midsized detached house of 114m², built sometime between 1996 and 2002. It was last sold for £270,000 in May 2016, which was around 18% above the average May 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 PLOUGH LANE Sold Prices

Land registry data shows three sales for 2 PLOUGH 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. All of the three 2 PLOUGH LANE sales were for above 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
2016 20 MAY	£270,000	£229,579	18% above HPI
2002 14 AUG	£190,000	£138,257	37% above HPI
2000 11 AUG	£131,000	£95,392	37% above HPI

2 PLOUGH 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 2 PLOUGH LANE sales between August 2000 and May 2016 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 August 2002 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 PLOUGH LANE?

2 PLOUGH LANE is 114m² according to the EPC inspection conducted in September 2015. This puts it in the largest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 2 PLOUGH LANE lies on this distribution: 55% of detached houses are smaller than 2 PLOUGH LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 PLOUGH LANE: Plot and Title Map

2 PLOUGH LANE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 PLOUGH 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 2 PLOUGH 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 2 PLOUGH LANE?

2 PLOUGH LANE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 2 on PLOUGH LANE.