243B, MILL HEATH, BETTWS, NEWPORT, NP20 7RD - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

243B MILL HEATH is a very small semi-detached house of 72m². It was last sold for £165,000 in December 2020, which was around 15% below the average December 2020 semi-detached price in the Newport local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was A.

243B MILL HEATH Sold Prices

Land registry data shows two sales for 243B MILL HEATH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Both of the two 243B MILL HEATH 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
2020 9 DEC	£165,000	£195,007	15% below HPI
2016 31 MAR	£125,000	£140,672	11% below HPI

243B MILL HEATH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The two 243B MILL HEATH sales from March 2016 and December 2020 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 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 243B MILL HEATH be worth now?

243B MILL HEATH might now be worth an estimated £199,214.

This is based on house price inflation of 20.7%, between December 2020 and December 2024, for semi-detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 243B MILL HEATH of £165,000 on 9th December 2020. For the value to have increased from £165,000 to £199,214 over the four years to December 2024, the following assumptions must hold true:

• The value of 243B MILL HEATH has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The December 2020 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 243B MILL HEATH has not materially changed since December 2020.

How Large is 243B MILL HEATH?

243B MILL HEATH is 72m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 243B MILL HEATH lies on this distribution: 5% of semi-detached houses houses are smaller than 243B MILL HEATH, and 94% of houses are larger. Note that EPC data is not available for all properties in Newport.

243B MILL HEATH: Plot and Title Map

243B MILL HEATH sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 243B MILL HEATH, 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 243B MILL HEATH). 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 243B MILL HEATH?

243B MILL HEATH is located in BETTWS, in the NP20 postcode district. The below map shows the position of No. 243B on MILL HEATH.