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 WALNUT CLOSE is a midsized detached house of 105m², built sometime between 1967 and 1975. It was last sold for £199,235 in May 2017, which was around 17% below the average May 2017 detached price in the Telford and Wrekin local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 7 WALNUT CLOSE since 1st 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. All of the three 7 WALNUT CLOSE 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 |
---|---|---|---|
2017 31 MAY | £199,235 | £239,054 | 17% below HPI |
2012 26 OCT | £187,000 | £205,907 | 9% below HPI |
2009 15 DEC | £192,500 | £208,202 | 8% 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 three 7 WALNUT CLOSE sales between December 2009 and May 2017 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 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
7 WALNUT CLOSE is 105m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 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 7 WALNUT CLOSE lies on this distribution: 42% of detached houses are smaller than 7 WALNUT CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Newport.
7 WALNUT CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 7 WALNUT CLOSE, 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 WALNUT CLOSE). 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.
7 WALNUT CLOSE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 7 on WALNUT CLOSE.