3, RIVERMEAD WAY, ROGERSTONE, NEWPORT, NP10 9LT - £350,000

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 RIVERMEAD WAY is a very large detached house of 190m², built sometime from 2007 onwards, which could now be worth an estimated £584,626. It was last sold for £350,000 in November 2015, which was around 49% above the average November 2015 detached price in the Newport local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

3 RIVERMEAD WAY Sold Prices

Land registry data shows two sales for 3 RIVERMEAD WAY 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 RIVERMEAD WAY 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
2015 23 NOV	£350,000	£234,171	49% above HPI
2007 27 APR	£335,000	£242,862	38% above HPI

3 RIVERMEAD WAY 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 RIVERMEAD WAY sales from April 2007 and November 2015 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 April 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2015 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 3 RIVERMEAD WAY be worth now?

3 RIVERMEAD WAY might now be worth an estimated £584,626.

This is based on house price inflation of 67%, between November 2015 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 67% inflationary increase is applied to the most recent sale price for 3 RIVERMEAD WAY of £350,000 on 23rd November 2015. For the value to have increased from £350,000 to £584,626 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 RIVERMEAD WAY has moved in line with the HPI for detached houses in the Newport local authority area.
• The November 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIVERMEAD WAY has not materially changed since November 2015.

How Large is 3 RIVERMEAD WAY?

3 RIVERMEAD WAY is 190m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses houses in Rogerstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rogerstone, and where 3 RIVERMEAD WAY lies on this distribution: 95% of detached houses houses are smaller than 3 RIVERMEAD WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Rogerstone.

3 RIVERMEAD WAY: Plot and Title Map

3 RIVERMEAD WAY sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 3 RIVERMEAD WAY, 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 RIVERMEAD WAY). 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 RIVERMEAD WAY?

3 RIVERMEAD WAY is located in ROGERSTONE, in the NP10 postcode district. The below map shows the position of No. 3 on RIVERMEAD WAY.