23, OAKTREE AVENUE, NEWTOWN, SY16 2LF - £290,000

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

23 OAKTREE AVENUE is a large extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £290,000 in February 2023, which was around 9% below the average February 2023 detached price in the Powys local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

23 OAKTREE AVENUE Sold Prices

Land registry data shows four sales for 23 OAKTREE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Powys local authority area for the corresponding sale date. Most of the four 23 OAKTREE 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 2 FEB	£290,000	£318,289	9% below HPI
2018 23 JUL	£230,000	£242,450	5% below HPI
2002 17 JUL	£134,000	£119,922	12% above HPI
1998 3 JUL	£78,000	£79,448	2% below HPI

23 OAKTREE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Powys local authority area over time, sourced from the HPI. The four 23 OAKTREE AVENUE sales between July 1998 and February 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 July 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 23 OAKTREE AVENUE?

23 OAKTREE AVENUE is 138m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses in Newtown, based on EPC data. The below chart shows the distribution of detached houses by size in Newtown, and where 23 OAKTREE AVENUE lies on this distribution: 75% of detached houses are smaller than 23 OAKTREE AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Newtown.

23 OAKTREE AVENUE: Plot and Title Map

23 OAKTREE AVENUE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 23 OAKTREE 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 23 OAKTREE 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.

Where is 23 OAKTREE AVENUE?

23 OAKTREE AVENUE is located in NEWTOWN, in the SY16 postcode district. The below map shows the position of No. 23 on OAKTREE AVENUE.