31, GAER ROAD, NEWPORT, NP20 3GY - £210,000

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.

31 GAER ROAD is a very small detached house of 64m², built sometime between 2003 and 2006, which could now be worth an estimated £266,398. It was last sold for £210,000 in July 2019, which was around 32% below the average July 2019 detached price in the Newport local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

31 GAER ROAD Sold Prices

Land registry data shows two sales for 31 GAER ROAD 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 31 GAER 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
2019 22 JUL	£210,000	£308,341	32% below HPI
2005 15 MAR	£80,500	£215,797	63% below HPI

31 GAER 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 two 31 GAER ROAD sales from March 2005 and July 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 March 2005 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the July 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 31 GAER ROAD be worth now?

31 GAER ROAD might now be worth an estimated £266,398.

This is based on house price inflation of 26.9%, between July 2019 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 26.9% inflationary increase is applied to the most recent sale price for 31 GAER ROAD of £210,000 on 22nd July 2019. For the value to have increased from £210,000 to £266,398 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 31 GAER ROAD has moved in line with the HPI for detached houses in the Newport local authority area.
• The July 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GAER ROAD has not materially changed since July 2019.

How Large is 31 GAER ROAD?

31 GAER ROAD is 64m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 31 GAER ROAD lies on this distribution: 3% of detached houses houses are smaller than 31 GAER ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Newport.

31 GAER ROAD: Plot and Title Map

31 GAER ROAD sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 31 GAER 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 GAER 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 GAER ROAD?

31 GAER ROAD is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 31 on GAER ROAD.