18, RHYMNEY WAY, BASSALEG, NEWPORT, NP10 8FP - £199,000

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

18 RHYMNEY WAY is a very small detached house of 62m², built sometime between 2007 and 2011. It was last sold for £199,000 in June 2021, which was around 40% below the average June 2021 detached price in the Newport local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

18 RHYMNEY WAY Sold Prices

Land registry data shows three sales for 18 RHYMNEY 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. All of the three 18 RHYMNEY WAY 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
2021 18 JUN	£199,000	£332,090	40% below HPI
2019 4 APR	£175,000	£311,348	44% below HPI
2012 27 APR	£146,995	£214,351	31% below HPI

18 RHYMNEY 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 18 RHYMNEY WAY sales between April 2012 and June 2021 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 April 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 18 RHYMNEY WAY?

18 RHYMNEY WAY is 62m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 18 RHYMNEY WAY lies on this distribution: 2% of detached houses are smaller than 18 RHYMNEY WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Newport.

18 RHYMNEY WAY: Plot and Title Map

18 RHYMNEY WAY sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 18 RHYMNEY 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 18 RHYMNEY 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 18 RHYMNEY WAY?

18 RHYMNEY WAY is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 18 on RHYMNEY WAY.