108, SPENCER WAY, NEWPORT, NP19 4BU - £287,500

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

108 SPENCER WAY is a very small detached house of 88m². It was last sold for £287,500 in September 2021, which was around 17% below the average September 2021 detached price in the Newport local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

108 SPENCER WAY Sold Prices

Land registry data shows two sales for 108 SPENCER WAY 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 108 SPENCER WAY 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
2021 3 SEP	£287,500	£347,353	17% below HPI
2017 28 APR	£232,995	£264,550	12% below HPI

108 SPENCER WAY 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 108 SPENCER WAY sales from April 2017 and September 2021 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 April 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 108 SPENCER WAY?

108 SPENCER WAY is 88m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 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 108 SPENCER WAY lies on this distribution: 17% of detached houses are smaller than 108 SPENCER WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Newport.

108 SPENCER WAY: Plot and Title Map

108 SPENCER WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 108 SPENCER WAY, 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 108 SPENCER WAY). 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 108 SPENCER WAY?

108 SPENCER WAY is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 108 on SPENCER WAY.