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
22 NORBROOM DRIVE is a very small detached house of 58m², built sometime between 1930 and 1949. It was last sold for £253,000 in May 2022, which was around 21% below the average May 2022 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 22 NORBROOM DRIVE 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 22 NORBROOM 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 |
---|---|---|---|
2022 6 MAY | £253,000 | £322,011 | 21% below HPI |
2020 5 FEB | £200,000 | £264,843 | 24% below HPI |
1996 20 AUG | £56,000 | £74,227 | 25% 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 22 NORBROOM DRIVE sales between August 1996 and May 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 February 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
22 NORBROOM DRIVE is 58m² according to the EPC inspection conducted in October 2019. 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 22 NORBROOM DRIVE lies on this distribution: 2% of detached houses are smaller than 22 NORBROOM DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Newport.
22 NORBROOM DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 22 NORBROOM 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 22 NORBROOM 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.
22 NORBROOM DRIVE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 22 on NORBROOM DRIVE.