18, ROMAN REACH, CAERLEON, NEWPORT, NP18 3SG - £286,000

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 ROMAN REACH is a very small extended detached house of 92m², built sometime between 1976 and 1982. It was last sold for £286,000 in June 2021, which was around 14% below the average June 2021 detached price in the Newport local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

18 ROMAN REACH Sold Prices

Land registry data shows four sales for 18 ROMAN REACH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the four 18 ROMAN REACH 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 29 JUN	£286,000	£332,090	14% below HPI
2011 30 MAR	£179,950	£212,329	15% below HPI
2002 10 MAY	£112,000	£134,408	17% below HPI
1998 30 OCT	£80,000	£98,025	18% below HPI

18 ROMAN REACH 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 four 18 ROMAN REACH sales between October 1998 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 March 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 ROMAN REACH?

18 ROMAN REACH is 92m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 18 ROMAN REACH lies on this distribution: 19% of detached houses are smaller than 18 ROMAN REACH, and 80% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

18 ROMAN REACH: Plot and Title Map

18 ROMAN REACH sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 18 ROMAN REACH, 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 ROMAN REACH). 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 ROMAN REACH?

18 ROMAN REACH is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 18 on ROMAN REACH.