8, BEECH CLOSE, NEWPORT, TF10 7ED - £186,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 BEECH CLOSE is a very small terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £313,390. It was last sold for £186,000 in April 2011, which was around 85% above the average April 2011 terraced price in the Telford and Wrekin local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

8 BEECH CLOSE Sold Prices

Land registry data shows two sales for 8 BEECH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Telford and Wrekin local authority area for the corresponding sale date. Both of the two 8 BEECH CLOSE 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
2011 18 APR	£186,000	£100,540	85% above HPI
2008 30 SEP	£134,000	£106,217	26% above HPI

8 BEECH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Telford and Wrekin local authority area over time, sourced from the HPI. The two 8 BEECH CLOSE sales from September 2008 and April 2011 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 2008 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2011 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 8 BEECH CLOSE be worth now?

8 BEECH CLOSE might now be worth an estimated £313,390.

This is based on house price inflation of 68.5%, between April 2011 and May 2026, for terraced houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 68.5% inflationary increase is applied to the most recent sale price for 8 BEECH CLOSE of £186,000 on 18th April 2011. For the value to have increased from £186,000 to £313,390 over the fourteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8 BEECH CLOSE has moved in line with the HPI for terraced houses in the Telford and Wrekin local authority area.
• The April 2011 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BEECH CLOSE has not materially changed since April 2011.

How Large is 8 BEECH CLOSE?

8 BEECH CLOSE is 84m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of terraced houses houses in Newport, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newport, and where 8 BEECH CLOSE lies on this distribution: 17% of terraced houses houses are smaller than 8 BEECH CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Newport.

8 BEECH CLOSE: Plot and Title Map

8 BEECH CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 8 BEECH 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 8 BEECH 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.

Where is 8 BEECH CLOSE?

8 BEECH CLOSE is located in NEWPORT, in the TF10 postcode district. The below map shows the position of No. 8 on BEECH CLOSE.