3, DRINKWATER RISE, NEWPORT, NP20 3GR - £126,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 DRINKWATER RISE is a very small detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £229,101. It was last sold for £126,000 in June 2011, which was around 41% below the average June 2011 detached price in the Newport local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

3 DRINKWATER RISE Sold Prices

Land registry data shows two sales for 3 DRINKWATER RISE 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 3 DRINKWATER RISE 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
2011 17 JUN	£126,000	£215,123	41% below HPI
2005 14 DEC	£85,000	£223,497	62% below HPI

3 DRINKWATER RISE 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 3 DRINKWATER RISE sales from December 2005 and June 2011 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 December 2005 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the June 2011 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 DRINKWATER RISE be worth now?

3 DRINKWATER RISE might now be worth an estimated £229,101.

This is based on house price inflation of 81.8%, between June 2011 and February 2025, for 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 81.8% inflationary increase is applied to the most recent sale price for 3 DRINKWATER RISE of £126,000 on 17th June 2011. For the value to have increased from £126,000 to £229,101 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 3 DRINKWATER RISE has moved in line with the HPI for detached houses in the Newport local authority area.
• The June 2011 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DRINKWATER RISE has not materially changed since June 2011.

How Large is 3 DRINKWATER RISE?

3 DRINKWATER RISE is 76m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 3 DRINKWATER RISE lies on this distribution: 7% of detached houses houses are smaller than 3 DRINKWATER RISE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

3 DRINKWATER RISE: Plot and Title Map

3 DRINKWATER RISE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 DRINKWATER RISE, 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 3 DRINKWATER RISE). 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 3 DRINKWATER RISE?

3 DRINKWATER RISE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 3 on DRINKWATER RISE.