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
25 EAST GROVE ROAD is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £220,000 in November 2021, which was around 39% below the average November 2021 detached price in the Newport local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 25 EAST GROVE ROAD since 1st 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 25 EAST GROVE ROAD 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 |
---|---|---|---|
2021 26 NOV | £220,000 | £358,876 | 39% below HPI |
2014 17 MAR | £100,000 | £226,669 | 56% below HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The two 25 EAST GROVE ROAD sales from March 2014 and November 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 March 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the November 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
25 EAST GROVE ROAD is 77m² according to the EPC inspection conducted in February 2015. 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 25 EAST GROVE ROAD lies on this distribution: 7% of detached houses are smaller than 25 EAST GROVE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.
25 EAST GROVE ROAD sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 25 EAST GROVE ROAD, 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 25 EAST GROVE ROAD). 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.
25 EAST GROVE ROAD is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 25 on EAST GROVE ROAD.