131, LARCH GROVE, NEWPORT, NP20 6LA - £185,000

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

131 LARCH GROVE is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £185,000 in November 2016, which was around 28% below the average November 2016 detached price in the Newport local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

131 LARCH GROVE Sold Prices

Land registry data shows three sales for 131 LARCH GROVE since 1^st 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 131 LARCH GROVE 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
2016 11 NOV	£185,000	£256,950	28% below HPI
1999 12 NOV	£72,950	£102,160	29% below HPI
1998 19 JUN	£69,500	£94,711	27% below HPI

131 LARCH GROVE 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 three 131 LARCH GROVE sales between June 1998 and November 2016 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 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 131 LARCH GROVE?

131 LARCH GROVE is 85m², which includes one extension, according to the EPC inspection conducted in July 2016. 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 131 LARCH GROVE lies on this distribution: 14% of detached houses are smaller than 131 LARCH GROVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newport.

131 LARCH GROVE: Plot and Title Map

131 LARCH GROVE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 131 LARCH GROVE, 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 131 LARCH GROVE). 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 131 LARCH GROVE?

131 LARCH GROVE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 131 on LARCH GROVE.