3, SNOWDROP LANE, ROGERSTONE, NEWPORT, NP10 9JX - £305,000

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 SNOWDROP LANE is a very small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £305,000 in September 2023, which was around 22% below the average September 2023 detached price in the Newport local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

3 SNOWDROP LANE Sold Prices

Land registry data shows four sales for 3 SNOWDROP LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the four 3 SNOWDROP LANE 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
2023 1 SEP	£305,000	£388,770	22% below HPI
2020 3 APR	£245,000	£322,287	24% below HPI
2007 27 APR	£195,000	£248,564	22% below HPI
2002 26 APR	£105,950	£131,527	19% below HPI

3 SNOWDROP LANE 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 four 3 SNOWDROP LANE sales between April 2002 and September 2023 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 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 SNOWDROP LANE?

3 SNOWDROP LANE is 87m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Rogerstone, based on EPC data. The below chart shows the distribution of detached houses by size in Rogerstone, and where 3 SNOWDROP LANE lies on this distribution: 10% of detached houses are smaller than 3 SNOWDROP LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Rogerstone.

3 SNOWDROP LANE: Plot and Title Map

3 SNOWDROP LANE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 3 SNOWDROP LANE, 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 SNOWDROP LANE). 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 SNOWDROP LANE?

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