24, CANAL CLOSE, NEWPORT, TF10 8FD - £295,000

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

24 CANAL CLOSE is a small detached house of 91m², built in 2021. It was last sold for £295,000 in November 2023, which was around 14% below the average November 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

24 CANAL CLOSE Sold Prices

Land registry data shows two sales for 24 CANAL CLOSE 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 24 CANAL CLOSE 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 8 NOV	£295,000	£341,138	14% below HPI
2021 3 SEP	£280,000	£300,819	7% below HPI

24 CANAL CLOSE 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 24 CANAL CLOSE sales from September 2021 and November 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 September 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 24 CANAL CLOSE?

24 CANAL CLOSE is 91m² according to the EPC inspection conducted in June 2021. 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 24 CANAL CLOSE lies on this distribution: 24% of detached houses are smaller than 24 CANAL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Newport.

24 CANAL CLOSE: Plot and Title Map

24 CANAL CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 24 CANAL CLOSE, 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 24 CANAL CLOSE). 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 24 CANAL CLOSE?

24 CANAL CLOSE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 24 on CANAL CLOSE.