40, NORBROOM DRIVE, NEWPORT, TF10 7TD - £141,000

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

40 NORBROOM DRIVE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £141,000 in September 2005, which was around 31% below the average September 2005 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

40 NORBROOM DRIVE Sold Prices

Land registry data shows three sales for 40 NORBROOM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 40 NORBROOM 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
2005 27 SEP	£141,000	£203,277	31% below HPI
2003 28 JAN	£118,000	£152,917	23% below HPI
1996 13 JUN	£55,500	£72,833	24% below HPI

40 NORBROOM 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 three 40 NORBROOM DRIVE sales between June 1996 and September 2005 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 2003 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2005 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 40 NORBROOM DRIVE?

40 NORBROOM DRIVE is 73m² according to the EPC inspection conducted in May 2024. 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 40 NORBROOM DRIVE lies on this distribution: 7% of detached houses are smaller than 40 NORBROOM DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Newport.

40 NORBROOM DRIVE: Plot and Title Map

40 NORBROOM DRIVE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 40 NORBROOM 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 40 NORBROOM 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 40 NORBROOM DRIVE?

40 NORBROOM DRIVE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 40 on NORBROOM DRIVE.