32, TANDEM MILL ROAD, NEWPORT, NP19 4DP - £310,000

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

32 TANDEM MILL ROAD is a very small detached house of 89m². It was last sold for £310,000 in October 2022, which was around 20% below the average October 2022 detached price in the Newport local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

32 TANDEM MILL ROAD Sold Prices

Land registry data shows two sales for 32 TANDEM MILL 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 32 TANDEM MILL 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 14 OCT	£310,000	£386,841	20% below HPI
2018 27 JUL	£228,995	£298,255	23% below HPI

32 TANDEM MILL 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 32 TANDEM MILL ROAD sales from July 2018 and October 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 July 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 32 TANDEM MILL ROAD?

32 TANDEM MILL ROAD is 89m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% 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 TANDEM MILL ROAD lies on this distribution: 19% of detached houses are smaller than 32 TANDEM MILL ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Newport.

32 TANDEM MILL ROAD: Plot and Title Map

32 TANDEM MILL ROAD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 32 TANDEM MILL 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 32 TANDEM MILL 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 32 TANDEM MILL ROAD?

32 TANDEM MILL ROAD is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 32 on TANDEM MILL ROAD.