1, GROVES ROAD, NEWPORT, NP20 3SP - £208,000

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

1 GROVES ROAD is a large extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £208,000 in March 2009, which was around 2% below the average March 2009 detached price in the Newport local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was D.

1 GROVES ROAD Sold Prices

Land registry data shows two sales for 1 GROVES ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Both of the two 1 GROVES ROAD 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
2009 27 MAR	£208,000	£212,368	2% below HPI
1996 28 OCT	£67,000	£81,396	18% below HPI

1 GROVES ROAD 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 two 1 GROVES ROAD sales from October 1996 and March 2009 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 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2009 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 1 GROVES ROAD?

1 GROVES ROAD is 139m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 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 1 GROVES ROAD lies on this distribution: 79% of detached houses are smaller than 1 GROVES ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Newport.

1 GROVES ROAD: Plot and Title Map

1 GROVES ROAD sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 1 GROVES ROAD, 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 GROVES ROAD). 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 1 GROVES ROAD?

1 GROVES ROAD is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 1 on GROVES ROAD.