3, GRENADIER DRIVE, LANGSTONE, NEWPORT, NP18 2BG - £320,000

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

3 GRENADIER DRIVE is a small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £320,000 in September 2021, which was around 8% below the average September 2021 detached price in the Newport local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

3 GRENADIER DRIVE Sold Prices

Land registry data shows two sales for 3 GRENADIER DRIVE 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 GRENADIER DRIVE 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 30 SEP	£320,000	£347,353	8% below HPI
2014 12 AUG	£227,500	£232,772	2% below HPI

3 GRENADIER DRIVE 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 GRENADIER DRIVE sales from August 2014 and September 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 August 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 GRENADIER DRIVE?

3 GRENADIER DRIVE is 101m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where 3 GRENADIER DRIVE lies on this distribution: 24% of detached houses are smaller than 3 GRENADIER DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Langstone.

3 GRENADIER DRIVE: Plot and Title Map

3 GRENADIER DRIVE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 GRENADIER DRIVE, 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 GRENADIER DRIVE). 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 GRENADIER DRIVE?

3 GRENADIER DRIVE is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 3 on GRENADIER DRIVE.