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
1 FARRIER'S GATE is a very large detached house of 159m², built sometime between 2003 and 2006. It was last sold for £355,000 in January 2017, which was around 35% above the average January 2017 detached price in the Newport local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 1 FARRIER'S GATE since 1st 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 1 FARRIER'S GATE 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 |
---|---|---|---|
2017 13 JAN | £355,000 | £262,161 | 35% above HPI |
2009 10 NOV | £350,000 | £212,929 | 64% above HPI |
2004 30 JUL | £250,000 | £206,430 | 21% above HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The three 1 FARRIER'S GATE sales between July 2004 and January 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 November 2009 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the January 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.
1 FARRIER'S GATE is 159m² according to the EPC inspection conducted in January 2009. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 1 FARRIER'S GATE lies on this distribution: 87% of detached houses are smaller than 1 FARRIER'S GATE, and 13% of houses are larger. Note that EPC data is not available for all properties in Newport.
1 FARRIER'S GATE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 1 FARRIER'S GATE, 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 1 FARRIER'S GATE). 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.
1 FARRIER'S GATE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 1 on FARRIER'S GATE.