31, LAPWORTH WAY, NEWPORT, TF10 7DG - £240,000

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 LAPWORTH WAY is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £240,000 in September 2021, which was around 20% below the average September 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

31 LAPWORTH WAY Sold Prices

Land registry data shows four sales for 31 LAPWORTH WAY since 1^st 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 31 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
2021 17 SEP	£240,000	£300,819	20% below HPI
2018 23 FEB	£185,000	£244,073	24% below HPI
2005 24 JUN	£178,000	£198,987	11% below HPI
1996 27 SEP	£64,250	£75,505	15% below HPI

31 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 four 31 LAPWORTH WAY sales between September 1996 and September 2021 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 February 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 31 LAPWORTH WAY?

31 LAPWORTH WAY is 63m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% 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 LAPWORTH WAY lies on this distribution: 3% of detached houses are smaller than 31 LAPWORTH WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Newport.

31 LAPWORTH WAY: Plot and Title Map

31 LAPWORTH WAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 31 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 31 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 31 LAPWORTH WAY?

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