2, DRINKWATER VIEW, NEWPORT, NP20 3GQ - £245,000

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

2 DRINKWATER VIEW is a very small detached house of 65m², built sometime between 2003 and 2006, which could now be worth an estimated £251,416. It was last sold for £245,000 in November 2024, which was around 36% below the average November 2024 detached price in the Newport local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 DRINKWATER VIEW Sold Prices

Land registry data shows three sales for 2 DRINKWATER VIEW 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 2 DRINKWATER VIEW 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 29 NOV	£245,000	£381,168	36% below HPI
2021 20 APR	£205,000	£325,343	37% below HPI
2004 2 AUG	£95,000	£203,541	53% below HPI

2 DRINKWATER VIEW 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 2 DRINKWATER VIEW sales between August 2004 and November 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 April 2021 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2024 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 DRINKWATER VIEW be worth now?

2 DRINKWATER VIEW might now be worth an estimated £251,416.

This is based on house price inflation of 2.6%, between November 2024 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 2.6% inflationary increase is applied to the most recent sale price for 2 DRINKWATER VIEW of £245,000 on 29th November 2024. For the value to have increased from £245,000 to £251,416 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 2 DRINKWATER VIEW has moved in line with the HPI for detached houses in the Newport local authority area.
• The November 2024 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DRINKWATER VIEW has not materially changed since November 2024.

How Large is 2 DRINKWATER VIEW?

2 DRINKWATER VIEW is 65m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% 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 DRINKWATER VIEW lies on this distribution: 3% of detached houses houses are smaller than 2 DRINKWATER VIEW, and 96% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 DRINKWATER VIEW: Plot and Title Map

2 DRINKWATER VIEW sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 2 DRINKWATER VIEW, 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 DRINKWATER VIEW). 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 DRINKWATER VIEW?

2 DRINKWATER VIEW is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 2 on DRINKWATER VIEW.