2, FAIRFIELD ROAD, CAERLEON, NEWPORT, NP18 3DQ - £178,625

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

2 FAIRFIELD ROAD is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £178,625 in July 2014, which was around 24% below the average July 2014 detached price in the Newport local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was C.

2 FAIRFIELD ROAD Sold Prices

Land registry data shows two sales for 2 FAIRFIELD ROAD 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 FAIRFIELD ROAD 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
2014 4 JUL	£178,625	£233,967	24% below HPI
2007 25 JUN	£203,500	£259,627	22% below HPI

2 FAIRFIELD ROAD 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 FAIRFIELD ROAD sales from June 2007 and July 2014 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 June 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 FAIRFIELD ROAD?

2 FAIRFIELD ROAD is 94m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 30% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 2 FAIRFIELD ROAD lies on this distribution: 20% of detached houses are smaller than 2 FAIRFIELD ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

2 FAIRFIELD ROAD: Plot and Title Map

2 FAIRFIELD ROAD sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 2 FAIRFIELD ROAD, 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 FAIRFIELD ROAD). 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 FAIRFIELD ROAD?

2 FAIRFIELD ROAD is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 2 on FAIRFIELD ROAD.