23, GROSMONT WAY, NEWPORT, NP10 8UQ - £309,950

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

23 GROSMONT WAY is a midsized detached house of 112m², built sometime between 2003 and 2006. It was last sold for £309,950 in May 2021, which was around 6% below the average May 2021 detached price in the Newport local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

23 GROSMONT WAY Sold Prices

Land registry data shows three sales for 23 GROSMONT WAY 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. Two of the three 23 GROSMONT WAY sales were for below the average price, whilst one was 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 17 MAY	£309,950	£328,890	6% below HPI
2018 5 JAN	£205,500	£280,337	27% below HPI
2002 28 JUN	£166,250	£136,847	21% above HPI

23 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 three 23 GROSMONT WAY sales between June 2002 and May 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 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 23 GROSMONT WAY?

23 GROSMONT WAY is 112m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 23 GROSMONT WAY lies on this distribution: 47% of detached houses are smaller than 23 GROSMONT WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Newport.

23 GROSMONT WAY: Plot and Title Map

23 GROSMONT WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 23 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 23 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 23 GROSMONT WAY?

23 GROSMONT WAY is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 23 on GROSMONT WAY.