31, GRAVELLY DRIVE, NEWPORT, TF10 7QS - £130,000

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

31 GRAVELLY DRIVE is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £130,000 in November 2012, which was around 37% below the average November 2012 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2012, where the current energy rating was F, and the potential energy rating was B.

31 GRAVELLY DRIVE Sold Prices

Land registry data shows two sales for 31 GRAVELLY 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 31 GRAVELLY 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
2012 16 NOV	£130,000	£205,900	37% below HPI
1998 29 MAY	£51,000	£79,297	36% below HPI

31 GRAVELLY 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 31 GRAVELLY DRIVE sales from May 1998 and November 2012 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 May 1998 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2012 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 31 GRAVELLY DRIVE?

31 GRAVELLY DRIVE is 93m² according to the EPC inspection conducted in October 2012. 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 31 GRAVELLY DRIVE lies on this distribution: 27% of detached houses are smaller than 31 GRAVELLY DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Newport.

31 GRAVELLY DRIVE: Plot and Title Map

31 GRAVELLY DRIVE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 31 GRAVELLY 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 31 GRAVELLY 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 31 GRAVELLY DRIVE?

31 GRAVELLY DRIVE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 31 on GRAVELLY DRIVE.