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
25 NEWLANDS ROAD is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £170,500 in March 2017, which was around 30% below the average March 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 25 NEWLANDS ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the four 25 NEWLANDS ROAD 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 |
---|---|---|---|
2017 28 MAR | £170,500 | £243,348 | 30% below HPI |
2013 9 OCT | £147,500 | £211,146 | 30% below HPI |
2006 19 APR | £166,000 | £206,831 | 20% below HPI |
1997 19 DEC | £67,000 | £78,528 | 15% 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 four 25 NEWLANDS ROAD sales between December 1997 and March 2017 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 October 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2017 sale, which was also at 30% below the HPI.
25 NEWLANDS ROAD is 79m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Telford, based on EPC data. The below chart shows the distribution of detached houses by size in Telford, and where 25 NEWLANDS ROAD lies on this distribution: 11% of detached houses are smaller than 25 NEWLANDS ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Telford.
25 NEWLANDS ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 25 NEWLANDS ROAD, 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 25 NEWLANDS ROAD). 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.
25 NEWLANDS ROAD is located in OAKENGATES, in the TF2 postcode district. The below map shows the position of No. 25 on NEWLANDS ROAD.