37, SPENCER WAY, NEWPORT, NP19 4BB - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

37 SPENCER WAY is a very small semi-detached house of 78m². It was last sold for £215,000 in July 2020, which was around 13% above the average July 2020 semi-detached price in the Newport local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

37 SPENCER WAY Sold Prices

Land registry data shows two sales for 37 SPENCER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Both of the two 37 SPENCER WAY sales were 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
2020 17 JUL	£215,000	£190,615	13% above HPI
2017 31 JAN	£189,995	£151,486	25% above HPI

37 SPENCER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The two 37 SPENCER WAY sales from January 2017 and July 2020 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 2017 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2020 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 37 SPENCER WAY be worth now?

37 SPENCER WAY might now be worth an estimated £265,563.

This is based on house price inflation of 23.5%, between July 2020 and December 2024, for semi-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 23.5% inflationary increase is applied to the most recent sale price for 37 SPENCER WAY of £215,000 on 17th July 2020. For the value to have increased from £215,000 to £265,563 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 37 SPENCER WAY has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The July 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 37 SPENCER WAY has not materially changed since July 2020.

How Large is 37 SPENCER WAY?

37 SPENCER WAY is 78m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 37 SPENCER WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 37 SPENCER WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Newport.

37 SPENCER WAY: Plot and Title Map

37 SPENCER WAY sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 37 SPENCER 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 37 SPENCER 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 37 SPENCER WAY?

37 SPENCER WAY is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 37 on SPENCER WAY.