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
38 OAK TREE DRIVE is a very small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £280,000 in February 2019, which was around 9% below the average February 2019 detached price in the Newport local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 38 OAK TREE DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Most of the four 38 OAK TREE 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 |
---|---|---|---|
2019 22 FEB | £280,000 | £307,824 | 9% below HPI |
2014 21 NOV | £223,000 | £227,168 | 2% below HPI |
2006 11 AUG | £210,000 | £240,780 | 13% below HPI |
2000 30 JUN | £120,000 | £105,848 | 13% above HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The four 38 OAK TREE DRIVE sales between June 2000 and February 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 November 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2019 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
38 OAK TREE DRIVE is 97m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Rogerstone, based on EPC data. The below chart shows the distribution of detached houses by size in Rogerstone, and where 38 OAK TREE DRIVE lies on this distribution: 19% of detached houses are smaller than 38 OAK TREE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Rogerstone.
38 OAK TREE DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 38 OAK TREE 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 38 OAK TREE 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.
38 OAK TREE DRIVE is located in ROGERSTONE, in the NP10 postcode district. The below map shows the position of No. 38 on OAK TREE DRIVE.