7, GREEN LANE, NEWPORT, TF10 7LA - £310,000

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

7 GREEN LANE is a small extended detached house of 99m², built sometime before 1900. It was last sold for £310,000 in October 2020, which was around 12% above the average October 2020 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was March 2020, where the current energy rating was F, and the potential energy rating was B.

7 GREEN LANE Sold Prices

Land registry data shows two sales for 7 GREEN LANE 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 7 GREEN LANE sales 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
2020 7 OCT	£310,000	£277,745	12% above HPI
1996 20 SEP	£85,000	£75,505	13% above HPI

7 GREEN LANE 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 7 GREEN LANE sales from September 1996 and October 2020 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 September 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 7 GREEN LANE?

7 GREEN LANE is 99m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 7 GREEN LANE lies on this distribution: 35% of detached houses are smaller than 7 GREEN LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 GREEN LANE: Plot and Title Map

7 GREEN LANE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 7 GREEN LANE, 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 7 GREEN LANE). 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 7 GREEN LANE?

7 GREEN LANE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 7 on GREEN LANE.