38, GROSMONT WAY, NEWPORT, NP10 8UQ - £247,000

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

38 GROSMONT WAY is a midsized detached house of 110m². It was last sold for £247,000 in November 2010, which was around 8% above the average November 2010 detached price in the Newport local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

38 GROSMONT WAY Sold Prices

Land registry data shows two sales for 38 GROSMONT WAY 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 38 GROSMONT 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
2010 19 NOV	£247,000	£229,640	8% above HPI
2001 28 SEP	£169,500	£123,223	38% above HPI

38 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 two 38 GROSMONT WAY sales from September 2001 and November 2010 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 September 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2010 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 38 GROSMONT WAY?

38 GROSMONT WAY is 110m² according to the EPC inspection conducted in October 2009. 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 38 GROSMONT WAY lies on this distribution: 44% of detached houses are smaller than 38 GROSMONT WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Newport.

38 GROSMONT WAY: Plot and Title Map

38 GROSMONT WAY sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 38 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 38 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 38 GROSMONT WAY?

38 GROSMONT WAY is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 38 on GROSMONT WAY.