2, GROSMONT WAY, NEWPORT, NP10 8UQ - £207,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GROSMONT WAY is a small detached house of 106m², built sometime between 1996 and 2002. It was last sold for £207,000 in November 2007, which was around 19% below the average November 2007 detached price in the Newport local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

2 GROSMONT WAY Sold Prices

Land registry data shows four sales for 2 GROSMONT WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Most of the four 2 GROSMONT WAY 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
2007 23 NOV	£207,000	£257,127	19% below HPI
2007 23 MAR	£199,950	£245,891	19% below HPI
2002 30 MAY	£118,500	£134,408	12% below HPI
1999 11 JUN	£116,500	£94,805	23% above HPI

2 GROSMONT WAY 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 four 2 GROSMONT WAY sales between June 1999 and November 2007 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 March 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2007 sale, which was also at 19% below the HPI.

How Large is 2 GROSMONT WAY?

2 GROSMONT WAY is 106m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 2 GROSMONT WAY lies on this distribution: 36% of detached houses are smaller than 2 GROSMONT WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 GROSMONT WAY: Plot and Title Map

2 GROSMONT WAY sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 2 GROSMONT WAY, 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 GROSMONT WAY). 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 GROSMONT WAY?

2 GROSMONT WAY is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 2 on GROSMONT WAY.