Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
12 RIDGEWAY GARDENS is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £310,000 in May 2024, which was around 19% below the average May 2024 detached price in the Newport local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 12 RIDGEWAY GARDENS 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 12 RIDGEWAY GARDENS 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 |
---|---|---|---|
2024 20 MAY | £310,000 | £384,949 | 19% below HPI |
2018 22 AUG | £238,000 | £300,667 | 21% below HPI |
2016 23 FEB | £215,000 | £241,781 | 11% below HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The three 12 RIDGEWAY GARDENS sales between February 2016 and May 2024 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 August 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
12 RIDGEWAY GARDENS is 64m² according to the EPC inspection conducted in April 2015. 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 12 RIDGEWAY GARDENS lies on this distribution: 3% of detached houses are smaller than 12 RIDGEWAY GARDENS, and 97% of houses are larger. Note that EPC data is not available for all properties in Newport.
12 RIDGEWAY GARDENS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 12 RIDGEWAY GARDENS, 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 12 RIDGEWAY GARDENS). 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.
12 RIDGEWAY GARDENS is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 12 on RIDGEWAY GARDENS.