174, COMMERCIAL ROAD, NEWPORT, NP20 2PL - £120,000

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

174 COMMERCIAL ROAD is a small extended detached house of 101m², built sometime before 1900. It was last sold for £120,000 in March 2005, which was around 46% below the average March 2005 detached price in the Newport local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

174 COMMERCIAL ROAD Sold Prices

Land registry data shows two sales for 174 COMMERCIAL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Both of the two 174 COMMERCIAL 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
2005 11 MAR	£120,000	£220,864	46% below HPI
2002 18 OCT	£60,000	£146,815	59% below HPI

174 COMMERCIAL ROAD 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 two 174 COMMERCIAL ROAD sales from October 2002 and March 2005 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 October 2002 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the March 2005 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 174 COMMERCIAL ROAD?

174 COMMERCIAL ROAD is 101m², which includes one extension, according to the EPC inspection conducted in June 2022. 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 174 COMMERCIAL ROAD lies on this distribution: 32% of detached houses are smaller than 174 COMMERCIAL ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Newport.

174 COMMERCIAL ROAD: Plot and Title Map

174 COMMERCIAL ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 174 COMMERCIAL 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 174 COMMERCIAL 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 174 COMMERCIAL ROAD?

174 COMMERCIAL ROAD is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 174 on COMMERCIAL ROAD.