38, WESTFIELD WAY, NEWPORT, NP20 6EW - £177,000

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 WESTFIELD WAY is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £177,000 in February 2015, which was around 23% below the average February 2015 detached price in the Newport local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

38 WESTFIELD WAY Sold Prices

Land registry data shows three sales for 38 WESTFIELD 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. All of the three 38 WESTFIELD WAY 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
2015 27 FEB	£177,000	£230,194	23% below HPI
2014 28 NOV	£190,000	£227,168	16% below HPI
2006 18 DEC	£162,000	£250,666	35% below HPI

38 WESTFIELD 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 38 WESTFIELD WAY sales between December 2006 and February 2015 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 November 2014 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 38 WESTFIELD WAY?

38 WESTFIELD WAY is 127m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% 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 WESTFIELD WAY lies on this distribution: 69% of detached houses are smaller than 38 WESTFIELD WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Newport.

38 WESTFIELD WAY: Plot and Title Map

38 WESTFIELD WAY sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 38 WESTFIELD 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 WESTFIELD 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 WESTFIELD WAY?

38 WESTFIELD WAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 38 on WESTFIELD WAY.