2, CARMARTHENSHIRE DRIVE, NEWPORT, NP19 4DT - £289,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CARMARTHENSHIRE DRIVE is a very small detached house of 88m², which could now be worth an estimated £350,765. It was last sold for £289,995 in November 2020, which was around 10% below the average November 2020 detached price in the Newport local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

2 CARMARTHENSHIRE DRIVE Sold Prices

Land registry data shows two sales for 2 CARMARTHENSHIRE DRIVE 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 2 CARMARTHENSHIRE DRIVE 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
2020 26 NOV	£289,995	£323,383	10% below HPI
2018 5 FEB	£90,000	£275,509	67% below HPI

2 CARMARTHENSHIRE DRIVE 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 2 CARMARTHENSHIRE DRIVE sales from February 2018 and November 2020 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 February 2018 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the November 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 CARMARTHENSHIRE DRIVE be worth now?

2 CARMARTHENSHIRE DRIVE might now be worth an estimated £350,765.

This is based on house price inflation of 21%, between November 2020 and February 2025, 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 21% inflationary increase is applied to the most recent sale price for 2 CARMARTHENSHIRE DRIVE of £289,995 on 26th November 2020. For the value to have increased from £289,995 to £350,765 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 CARMARTHENSHIRE DRIVE has moved in line with the HPI for detached houses in the Newport local authority area.
• The November 2020 sale price of £289,995 represented a fair market value for the property.
• The size, condition, and specification of 2 CARMARTHENSHIRE DRIVE has not materially changed since November 2020.

How Large is 2 CARMARTHENSHIRE DRIVE?

2 CARMARTHENSHIRE DRIVE is 88m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 2 CARMARTHENSHIRE DRIVE lies on this distribution: 17% of detached houses houses are smaller than 2 CARMARTHENSHIRE DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 CARMARTHENSHIRE DRIVE: Plot and Title Map

2 CARMARTHENSHIRE DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 2 CARMARTHENSHIRE DRIVE, 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 2 CARMARTHENSHIRE DRIVE). 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 2 CARMARTHENSHIRE DRIVE?

2 CARMARTHENSHIRE DRIVE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 2 on CARMARTHENSHIRE DRIVE.