15, LAUREL ROAD, BASSALEG, NEWPORT, NP10 8NS - £145,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 LAUREL ROAD is a very small extended semi-detached house of 86m², built sometime between 1950 and 1966. It was last sold for £145,000 in October 2020, which was around 24% below the average October 2020 semi-detached price in the Newport local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

15 LAUREL ROAD Sold Prices

Land registry data shows four sales for 15 LAUREL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. All of the four 15 LAUREL 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
2020 16 OCT	£145,000	£190,962	24% below HPI
2007 20 AUG	£139,000	£156,448	11% below HPI
2006 21 JUL	£114,000	£144,773	21% below HPI
2002 22 FEB	£63,000	£70,047	10% below HPI

15 LAUREL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The four 15 LAUREL ROAD sales between February 2002 and October 2020 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 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 15 LAUREL ROAD be worth now?

15 LAUREL ROAD might now be worth an estimated £178,775.

This is based on house price inflation of 23.3%, between October 2020 and December 2024, for semi-detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for 15 LAUREL ROAD of £145,000 on 16th October 2020. For the value to have increased from £145,000 to £178,775 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 LAUREL ROAD has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The October 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LAUREL ROAD has not materially changed since October 2020.

How Large is 15 LAUREL ROAD?

15 LAUREL ROAD is 86m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 15 LAUREL ROAD lies on this distribution: 16% of semi-detached houses houses are smaller than 15 LAUREL ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Newport.

15 LAUREL ROAD: Plot and Title Map

15 LAUREL ROAD sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 15 LAUREL 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 15 LAUREL 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 15 LAUREL ROAD?

15 LAUREL ROAD is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 15 on LAUREL ROAD.