Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
46 OAK AVENUE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £224,000 in July 2021, which was around 24% below the average July 2021 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 46 OAK AVENUE since 1st 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 46 OAK AVENUE 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 26 JUL | £224,000 | £296,072 | 24% below HPI |
2015 30 NOV | £169,000 | £223,618 | 24% below HPI |
2007 30 JAN | £165,000 | £217,506 | 24% below HPI |
1999 24 NOV | £71,500 | £87,455 | 18% below HPI |
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 46 OAK AVENUE sales between November 1999 and July 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 November 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2021 sale, which was also at 24% below the HPI.
46 OAK AVENUE is 72m² according to the EPC inspection conducted in February 2016. 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 46 OAK AVENUE lies on this distribution: 6% of detached houses are smaller than 46 OAK AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.
46 OAK AVENUE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 46 OAK AVENUE, 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 46 OAK AVENUE). 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.
46 OAK AVENUE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 46 on OAK AVENUE.