3, RIDGEWAY, NEWPORT, NP20 5AF - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 RIDGEWAY is a very large extended detached house of 151m², built sometime between 1900 and 1929. It was last sold for £460,000 in March 2019, which was around 48% above the average March 2019 detached price in the Newport local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

3 RIDGEWAY Sold Prices

Land registry data shows two sales for 3 RIDGEWAY 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 RIDGEWAY sales were for above 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
2019 4 MAR	£460,000	£311,204	48% above HPI
1997 12 FEB	£140,000	£90,246	55% above HPI

3 RIDGEWAY 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 RIDGEWAY sales from February 1997 and March 2019 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 February 1997 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the March 2019 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 3 RIDGEWAY?

3 RIDGEWAY is 151m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 3 RIDGEWAY lies on this distribution: 84% of detached houses are smaller than 3 RIDGEWAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Newport.

3 RIDGEWAY: Plot and Title Map

3 RIDGEWAY sits on a plot of roughly 0.412 of an acre, or 1,668m². The below map shows the location of 3 RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

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