24, MILL STREET, CAERLEON, NEWPORT, NP18 1BW - £245,000

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

24 MILL STREET is a small extended detached house of 98m², built sometime between 1900 and 1929. It was last sold for £245,000 in August 2022, which was around 36% below the average August 2022 detached price in the Newport local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

24 MILL STREET Sold Prices

Land registry data shows two sales for 24 MILL STREET 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 24 MILL STREET 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
2022 10 AUG	£245,000	£383,368	36% below HPI
2007 27 JUL	£212,000	£260,554	19% below HPI

24 MILL STREET 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 24 MILL STREET sales from July 2007 and August 2022 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 July 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 24 MILL STREET?

24 MILL STREET is 98m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 24 MILL STREET lies on this distribution: 23% of detached houses are smaller than 24 MILL STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

24 MILL STREET: Plot and Title Map

24 MILL STREET sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 24 MILL STREET, 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 24 MILL STREET). 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 24 MILL STREET?

24 MILL STREET is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 24 on MILL STREET.