3, LAPWORTH WAY, NEWPORT, TF10 7DG - £325,000

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

3 LAPWORTH WAY is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £325,000 in January 2023, which was around 5% below the average January 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

3 LAPWORTH WAY Sold Prices

Land registry data shows two sales for 3 LAPWORTH WAY 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 3 LAPWORTH WAY 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 30 JAN	£325,000	£343,538	5% below HPI
2010 6 JAN	£195,000	£215,005	9% below HPI

3 LAPWORTH WAY 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 3 LAPWORTH WAY sales from January 2010 and January 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 January 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 LAPWORTH WAY?

3 LAPWORTH WAY is 90m², which includes two extensions, according to the EPC inspection conducted in September 2022. 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 3 LAPWORTH WAY lies on this distribution: 22% of detached houses are smaller than 3 LAPWORTH WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Newport.

3 LAPWORTH WAY: Plot and Title Map

3 LAPWORTH WAY sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 3 LAPWORTH WAY, 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 3 LAPWORTH WAY). 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 3 LAPWORTH WAY?

3 LAPWORTH WAY is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 3 on LAPWORTH WAY.