34, NEWLANDS ROAD, OAKENGATES, TELFORD, TF2 6NE - £187,950

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

34 NEWLANDS ROAD is a very small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £187,950 in August 2019, which was around 27% below the average August 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

34 NEWLANDS ROAD Sold Prices

Land registry data shows five sales for 34 NEWLANDS ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the five 34 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
2019 16 AUG	£187,950	£256,437	27% below HPI
2006 22 SEP	£168,000	£214,632	22% below HPI
2005 30 JUN	£145,000	£198,987	27% below HPI
2003 5 NOV	£147,000	£172,252	15% below HPI
1998 17 FEB	£65,500	£78,186	16% below HPI

34 NEWLANDS ROAD 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 five 34 NEWLANDS ROAD sales between February 1998 and August 2019 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 September 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 34 NEWLANDS ROAD?

34 NEWLANDS ROAD is 88m², which includes two extensions, according to the EPC inspection conducted in March 2019. 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 34 NEWLANDS ROAD lies on this distribution: 18% of detached houses are smaller than 34 NEWLANDS ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Telford.

34 NEWLANDS ROAD: Plot and Title Map

34 NEWLANDS ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 34 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 34 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.

Where is 34 NEWLANDS ROAD?

34 NEWLANDS ROAD is located in OAKENGATES, in the TF2 postcode district. The below map shows the position of No. 34 on NEWLANDS ROAD.