8, OAK TREE COURT, EAST GROVE ROAD, NEWPORT, NP19 9QF - £144,000

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

8 OAK TREE COURT is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £144,000 in July 2023, which was around 64% below the average July 2023 detached price in the Newport local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

8 OAK TREE COURT Sold Prices

Land registry data shows three sales for 8 OAK TREE COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 8 OAK TREE COURT 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
2023 14 JUL	£144,000	£395,343	64% below HPI
2002 12 JUL	£75,000	£139,943	46% below HPI
1999 29 JAN	£55,500	£96,280	42% below HPI

8 OAK TREE COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The three 8 OAK TREE COURT sales between January 1999 and July 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 July 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2023 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is 8 OAK TREE COURT?

8 OAK TREE COURT is 71m² according to the EPC inspection conducted in June 2022. 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 8 OAK TREE COURT lies on this distribution: 5% of detached houses are smaller than 8 OAK TREE COURT, and 95% of houses are larger. Note that EPC data is not available for all properties in Newport.

8 OAK TREE COURT: Plot and Title Map

8 OAK TREE COURT sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 8 OAK TREE COURT, 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 8 OAK TREE COURT). 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 8 OAK TREE COURT?

8 OAK TREE COURT is located on EAST GROVE ROAD in NEWPORT, in the NP19 postcode district. The below map shows the position of 8 OAK TREE COURT on EAST GROVE ROAD.