32, GROSMONT WAY, NEWPORT, NP10 8UQ - £300,000

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

32 GROSMONT WAY is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £300,000 in February 2024, which was around 22% below the average February 2024 detached price in the Newport local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

32 GROSMONT WAY Sold Prices

Land registry data shows three sales for 32 GROSMONT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Two of the three 32 GROSMONT WAY sales were for below the average price, whilst one was 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
2024 23 FEB	£300,000	£383,881	22% below HPI
2022 25 FEB	£326,000	£368,690	12% below HPI
2000 30 JUN	£120,500	£105,848	14% above HPI

32 GROSMONT 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 three 32 GROSMONT WAY sales between June 2000 and February 2024 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 2022 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 32 GROSMONT WAY?

32 GROSMONT WAY is 109m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 32 GROSMONT WAY lies on this distribution: 42% of detached houses are smaller than 32 GROSMONT WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Newport.

32 GROSMONT WAY: Plot and Title Map

32 GROSMONT WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 32 GROSMONT 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 32 GROSMONT 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 32 GROSMONT WAY?

32 GROSMONT WAY is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 32 on GROSMONT WAY.