23, FAIR OAK, NEWPORT, TF10 7LR - £209,950

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

23 FAIR OAK is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £209,950 in March 2015, which was around 2% below the average March 2015 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

23 FAIR OAK Sold Prices

Land registry data shows two sales for 23 FAIR OAK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 23 FAIR OAK 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
2015 6 MAR	£209,950	£214,252	2% below HPI
2002 6 AUG	£125,000	£138,257	10% below HPI

23 FAIR OAK 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 two 23 FAIR OAK sales from August 2002 and March 2015 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 23 FAIR OAK?

23 FAIR OAK is 88m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 23 FAIR OAK lies on this distribution: 20% of detached houses are smaller than 23 FAIR OAK, and 79% of houses are larger. Note that EPC data is not available for all properties in Newport.

23 FAIR OAK: Plot and Title Map

23 FAIR OAK sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 23 FAIR OAK, 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 23 FAIR OAK). 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 23 FAIR OAK?

23 FAIR OAK is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 23 on FAIR OAK.