2, RIDGEWAY REACH, NEWPORT, NP20 5AT - £170,000

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 RIDGEWAY REACH is a very small detached house of 72m², built sometime between 2003 and 2006. It was last sold for £170,000 in November 2010, which was around 26% below the average November 2010 detached price in the Newport local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

2 RIDGEWAY REACH Sold Prices

Land registry data shows two sales for 2 RIDGEWAY REACH 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 RIDGEWAY REACH 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
2010 29 NOV	£170,000	£229,640	26% below HPI
2004 24 SEP	£120,000	£215,145	44% below HPI

2 RIDGEWAY REACH 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 RIDGEWAY REACH sales from September 2004 and November 2010 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 September 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2010 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 RIDGEWAY REACH?

2 RIDGEWAY REACH is 72m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% 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 RIDGEWAY REACH lies on this distribution: 5% of detached houses are smaller than 2 RIDGEWAY REACH, and 95% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 RIDGEWAY REACH: Plot and Title Map

2 RIDGEWAY REACH sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 2 RIDGEWAY REACH, 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 RIDGEWAY REACH). 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 RIDGEWAY REACH?

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