6, FAIR OAK, NEWPORT, TF10 7LR - £230,000

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

6 FAIR OAK is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £230,000 in August 2024, which was around 37% below the average August 2024 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

6 FAIR OAK Sold Prices

Land registry data shows two sales for 6 FAIR OAK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 6 FAIR OAK 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
2024 23 AUG	£230,000	£364,586	37% below HPI
2005 12 JUL	£167,000	£201,395	17% below HPI

6 FAIR OAK 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 two 6 FAIR OAK sales from July 2005 and August 2024 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 July 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 6 FAIR OAK?

6 FAIR OAK is 68m² according to the EPC inspection conducted in May 2021. 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 6 FAIR OAK lies on this distribution: 5% of detached houses are smaller than 6 FAIR OAK, and 95% of houses are larger. Note that EPC data is not available for all properties in Newport.

6 FAIR OAK: Plot and Title Map

6 FAIR OAK sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 6 FAIR OAK, 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 6 FAIR OAK). 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 6 FAIR OAK?

6 FAIR OAK is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 6 on FAIR OAK.