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 VALE VIEW is a large extended detached house of 136m², built sometime between 1900 and 1929. It was last sold for £475,000 in October 2021, which was around 34% above the average October 2021 detached price in the Newport local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 VALE VIEW since 1st 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. All of the four 2 VALE VIEW sales were for above 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 |
---|---|---|---|
2021 15 OCT | £475,000 | £355,736 | 34% above HPI |
2013 24 JAN | £250,000 | £218,629 | 14% above HPI |
2000 26 MAY | £142,000 | £109,851 | 29% above HPI |
2000 3 MAR | £142,500 | £106,391 | 34% above HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The four 2 VALE VIEW sales between March 2000 and October 2021 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 January 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
2 VALE VIEW is 136m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 30% 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 VALE VIEW lies on this distribution: 77% of detached houses are smaller than 2 VALE VIEW, and 23% of houses are larger. Note that EPC data is not available for all properties in Newport.
2 VALE VIEW sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 2 VALE 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 VALE 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.
2 VALE VIEW is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 2 on VALE VIEW.