34, GROSMONT WAY, NEWPORT, NP10 8UQ - £250,000

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

34 GROSMONT WAY is a very large detached house of 164m², built sometime between 1996 and 2002. It was last sold for £250,000 in September 2011, which was around 15% above the average September 2011 detached price in the Newport local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

34 GROSMONT WAY Sold Prices

Land registry data shows three sales for 34 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 34 GROSMONT WAY sales were for above the average price, whilst one was 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
2011 23 SEP	£250,000	£217,621	15% above HPI
2008 18 JAN	£249,000	£256,067	3% below HPI
1999 23 DEC	£139,250	£104,323	33% above HPI

34 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 34 GROSMONT WAY sales between December 1999 and September 2011 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 January 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 34 GROSMONT WAY?

34 GROSMONT WAY is 164m² according to the EPC inspection conducted in April 2011. This puts it in the largest 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 34 GROSMONT WAY lies on this distribution: 89% of detached houses are smaller than 34 GROSMONT WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Newport.

34 GROSMONT WAY: Plot and Title Map

34 GROSMONT WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 34 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 34 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 34 GROSMONT WAY?

34 GROSMONT WAY is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 34 on GROSMONT WAY.