45, FARM GROVE, NEWPORT, TF10 7PX - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 FARM GROVE is a very small detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £296,891. It was last sold for £225,000 in May 2019, which was around 12% below the average May 2019 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

45 FARM GROVE Sold Prices

Land registry data shows three sales for 45 FARM GROVE 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. One of the three 45 FARM GROVE sales was for below the average price, whilst two were for above 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 30 MAY	£225,000	£254,614	12% below HPI
2000 8 DEC	£122,950	£97,682	26% above HPI
1998 26 FEB	£93,000	£77,149	21% above HPI

45 FARM GROVE 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 45 FARM GROVE sales between February 1998 and May 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 December 2000 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 45 FARM GROVE be worth now?

45 FARM GROVE might now be worth an estimated £296,891.

This is based on house price inflation of 32%, between May 2019 and February 2025, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32% inflationary increase is applied to the most recent sale price for 45 FARM GROVE of £225,000 on 30th May 2019. For the value to have increased from £225,000 to £296,891 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 45 FARM GROVE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The May 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 45 FARM GROVE has not materially changed since May 2019.

How Large is 45 FARM GROVE?

45 FARM GROVE is 85m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 45 FARM GROVE lies on this distribution: 18% of detached houses houses are smaller than 45 FARM GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Newport.

45 FARM GROVE: Plot and Title Map

45 FARM GROVE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 45 FARM GROVE, 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 45 FARM GROVE). 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 45 FARM GROVE?

45 FARM GROVE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 45 on FARM GROVE.