31, COVERACK ROAD, NEWPORT, NP19 0DS - £168,000

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

31 COVERACK ROAD is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £168,000 in July 2022, which was around 56% below the average July 2022 detached price in the Newport local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

31 COVERACK ROAD Sold Prices

Land registry data shows four sales for 31 COVERACK ROAD 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 31 COVERACK ROAD 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
2022 18 JUL	£168,000	£383,404	56% below HPI
2014 5 DEC	£78,000	£226,961	66% below HPI
2001 26 OCT	£46,950	£123,236	62% below HPI
1995 8 DEC	£42,000	£82,964	49% below HPI

31 COVERACK ROAD 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 31 COVERACK ROAD sales between December 1995 and July 2022 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 2014 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the July 2022 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 31 COVERACK ROAD?

31 COVERACK ROAD is 77m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 31 COVERACK ROAD lies on this distribution: 7% of detached houses are smaller than 31 COVERACK ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

31 COVERACK ROAD: Plot and Title Map

31 COVERACK ROAD sits on a plot of roughly 0.015 of an acre, or 61m². The below map shows the location of 31 COVERACK ROAD, 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 31 COVERACK ROAD). 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 31 COVERACK ROAD?

31 COVERACK ROAD is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 31 on COVERACK ROAD.