18, SPRINGFIELD LANE, RHIWDERIN, NEWPORT, NP10 8QZ - £499,950

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 SPRINGFIELD LANE is a very large detached house of 172m², built sometime between 1991 and 1995. It was last sold for £499,950 in November 2017, which was around 81% above the average November 2017 detached price in the Newport local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

18 SPRINGFIELD LANE Sold Prices

Land registry data shows two sales for 18 SPRINGFIELD LANE 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 18 SPRINGFIELD LANE sales were for above 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
2017 10 NOV	£499,950	£275,698	81% above HPI
1997 22 AUG	£174,000	£94,011	85% above HPI

18 SPRINGFIELD LANE 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 18 SPRINGFIELD LANE sales from August 1997 and November 2017 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 1997 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the November 2017 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 18 SPRINGFIELD LANE?

18 SPRINGFIELD LANE is 172m² according to the EPC inspection conducted in August 2017. This puts it in the largest 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 SPRINGFIELD LANE lies on this distribution: 90% of detached houses are smaller than 18 SPRINGFIELD LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Newport.

18 SPRINGFIELD LANE: Plot and Title Map

18 SPRINGFIELD LANE sits on a plot of roughly 0.249 of an acre, or 1,007m². The below map shows the location of 18 SPRINGFIELD LANE, 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 SPRINGFIELD LANE). 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 SPRINGFIELD LANE?

18 SPRINGFIELD LANE is located in RHIWDERIN, in the NP10 postcode district. The below map shows the position of No. 18 on SPRINGFIELD LANE.