15, LANCERS WAY, NEWPORT, NP10 8HN - £184,950

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

15 LANCERS WAY is a small detached house of 106m², built sometime between 1996 and 2002. It was last sold for £184,950 in April 2012, which was around 14% below the average April 2012 detached price in the Newport local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

15 LANCERS WAY Sold Prices

Land registry data shows three sales for 15 LANCERS WAY 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. Two of the three 15 LANCERS WAY sales were for below the average price, whilst one was 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
2012 12 APR	£184,950	£214,351	14% below HPI
2006 13 JAN	£185,000	£226,580	18% below HPI
2002 30 MAY	£142,995	£134,408	6% above HPI

15 LANCERS 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 three 15 LANCERS WAY sales between May 2002 and April 2012 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 January 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2012 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 LANCERS WAY?

15 LANCERS WAY is 106m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 15 LANCERS WAY lies on this distribution: 36% of detached houses are smaller than 15 LANCERS WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Newport.

15 LANCERS WAY: Plot and Title Map

15 LANCERS WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 15 LANCERS 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 15 LANCERS 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 15 LANCERS WAY?

15 LANCERS WAY is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 15 on LANCERS WAY.