28, LAUREL DRIVE, NEWPORT, TF10 7LY - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 LAUREL DRIVE is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £285,000 in October 2023, which was around 16% below the average October 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

28 LAUREL DRIVE Sold Prices

Land registry data shows three sales for 28 LAUREL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 28 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
2023 27 OCT	£285,000	£340,864	16% below HPI
2005 20 OCT	£150,000	£203,064	26% below HPI
1997 13 AUG	£55,000	£77,641	29% below HPI

28 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 three 28 LAUREL DRIVE sales between August 1997 and October 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 October 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 28 LAUREL DRIVE?

28 LAUREL DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 28 LAUREL DRIVE lies on this distribution: 26% of detached houses are smaller than 28 LAUREL DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Newport.

28 LAUREL DRIVE: Plot and Title Map

28 LAUREL DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 28 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 28 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 28 LAUREL DRIVE?

28 LAUREL DRIVE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 28 on LAUREL DRIVE.