7, OAK AVENUE, NEWPORT, TF10 7EF - £190,000

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 OAK AVENUE is a small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £190,000 in August 2016, which was around 19% below the average August 2016 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

7 OAK AVENUE Sold Prices

Land registry data shows two sales for 7 OAK AVENUE 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 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
2016 31 AUG	£190,000	£233,142	19% below HPI
2006 4 OCT	£187,500	£218,359	14% below HPI

7 OAK AVENUE 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 OAK AVENUE sales from October 2006 and August 2016 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 OAK AVENUE?

7 OAK AVENUE is 91m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 OAK AVENUE lies on this distribution: 24% of detached houses are smaller than 7 OAK AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 OAK AVENUE: Plot and Title Map

7 OAK AVENUE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 7 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 7 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.

Where is 7 OAK AVENUE?

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