24, LAUREL DRIVE, NEWPORT, TF10 7LY - £159,000

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 LAUREL DRIVE is a small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £159,000 in September 2010, which was around 27% below the average September 2010 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

24 LAUREL DRIVE Sold Prices

Land registry data shows two sales for 24 LAUREL DRIVE 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 LAUREL 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
2010 3 SEP	£159,000	£217,507	27% below HPI
1996 11 DEC	£65,500	£72,969	10% below HPI

24 LAUREL DRIVE 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 LAUREL DRIVE sales from December 1996 and September 2010 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 December 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2010 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 24 LAUREL DRIVE?

24 LAUREL DRIVE is 97m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% 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 LAUREL DRIVE lies on this distribution: 32% of detached houses are smaller than 24 LAUREL DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Newport.

24 LAUREL DRIVE: Plot and Title Map

24 LAUREL DRIVE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 24 LAUREL 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 24 LAUREL 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.

Where is 24 LAUREL DRIVE?

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