18, THE BRADES, CAERLEON, NEWPORT, NP18 3PS - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 THE BRADES is a small detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £276,926. It was last sold for £280,000 in October 2024, which was around 28% below the average October 2024 detached price in the Newport local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

18 THE BRADES Sold Prices

Land registry data shows two sales for 18 THE BRADES 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 THE BRADES 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
2024 25 OCT	£280,000	£390,462	28% below HPI
2005 22 JUL	£197,000	£218,890	10% below HPI

18 THE BRADES 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 THE BRADES sales from July 2005 and October 2024 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 July 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 18 THE BRADES be worth now?

18 THE BRADES might now be worth an estimated £276,926.

This is based on house price deflation of 1.1%, between October 2024 and December 2024, 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 1.1% deflationary decrease is applied to the most recent sale price for 18 THE BRADES of £280,000 on 25th October 2024. For the value to have decreased from £280,000 to £276,926 over the ten months to December 2024, the following assumptions must hold true:

• The value of 18 THE BRADES has moved in line with the HPI for detached houses in the Newport local authority area.
• The October 2024 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE BRADES has not materially changed since October 2024.

How Large is 18 THE BRADES?

18 THE BRADES is 103m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caerleon, and where 18 THE BRADES lies on this distribution: 31% of detached houses houses are smaller than 18 THE BRADES, and 69% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

18 THE BRADES: Plot and Title Map

18 THE BRADES sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 18 THE BRADES, 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 THE BRADES). 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 THE BRADES?

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