5, DROVERS WAY, NEWPORT, TF10 7XN - £338,000

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

5 DROVERS WAY is a midsized extended detached house of 114m², built sometime between 1991 and 1995. It was last sold for £338,000 in August 2023, which was around 1% below the average August 2023 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5 DROVERS WAY Sold Prices

Land registry data shows three sales for 5 DROVERS WAY 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 5 DROVERS WAY 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
2023 31 AUG	£338,000	£341,323	1% below HPI
2006 23 OCT	£239,000	£218,359	9% above HPI
1999 8 OCT	£103,500	£87,964	18% above HPI

5 DROVERS WAY 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 5 DROVERS WAY sales between October 1999 and August 2023 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 October 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 DROVERS WAY?

5 DROVERS WAY is 114m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 5 DROVERS WAY lies on this distribution: 55% of detached houses are smaller than 5 DROVERS WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Newport.

5 DROVERS WAY: Plot and Title Map

5 DROVERS WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 5 DROVERS WAY, 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 5 DROVERS WAY). 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 5 DROVERS WAY?

5 DROVERS WAY is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 5 on DROVERS WAY.