16, SPRINGFIELD DRIVE, NEWPORT, NP19 9EW - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 SPRINGFIELD DRIVE is a midsized extended detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £448,792. It was last sold for £440,000 in November 2022, which was around 15% above the average November 2022 detached price in the Newport local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

16 SPRINGFIELD DRIVE Sold Prices

Land registry data shows three sales for 16 SPRINGFIELD DRIVE 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. The three 16 SPRINGFIELD DRIVE sales were a mix of above the average price, roughly equal to the average price, and 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
2022 4 NOV	£440,000	£383,487	15% above HPI
2018 24 AUG	£295,000	£293,770	Close to HPI
2016 30 NOV	£220,000	£251,056	12% below HPI

16 SPRINGFIELD DRIVE 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 16 SPRINGFIELD DRIVE sales between November 2016 and November 2022 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 16 SPRINGFIELD DRIVE be worth now?

16 SPRINGFIELD DRIVE might now be worth an estimated £448,792.

This is based on house price inflation of 2%, between November 2022 and February 2025, for 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 2% inflationary increase is applied to the most recent sale price for 16 SPRINGFIELD DRIVE of £440,000 on 4th November 2022. For the value to have increased from £440,000 to £448,792 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 SPRINGFIELD DRIVE has moved in line with the HPI for detached houses in the Newport local authority area.
• The November 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRINGFIELD DRIVE has not materially changed since November 2022.

How Large is 16 SPRINGFIELD DRIVE?

16 SPRINGFIELD DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 16 SPRINGFIELD DRIVE lies on this distribution: 57% of detached houses houses are smaller than 16 SPRINGFIELD DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Newport.

16 SPRINGFIELD DRIVE: Plot and Title Map

16 SPRINGFIELD DRIVE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 16 SPRINGFIELD DRIVE, 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 16 SPRINGFIELD DRIVE). 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 16 SPRINGFIELD DRIVE?

16 SPRINGFIELD DRIVE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 16 on SPRINGFIELD DRIVE.