4, MILL STREET, CAERLEON, NEWPORT, NP18 1BH - £122,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MILL STREET is a very small extended semi-detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £226,280. It was last sold for £122,500 in November 2012, which was around 5% below the average November 2012 semi-detached price in the Newport local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

4 MILL STREET Sold Prices

Land registry data shows three sales for 4 MILL STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. One of the three 4 MILL STREET sales was for below the average price, whilst two 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
2012 29 NOV	£122,500	£128,911	5% below HPI
2001 13 JUL	£84,000	£66,426	26% above HPI
1995 1 DEC	£59,995	£47,187	27% above HPI

4 MILL STREET 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 three 4 MILL STREET sales between December 1995 and November 2012 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 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2012 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 MILL STREET be worth now?

4 MILL STREET might now be worth an estimated £226,280.

This is based on house price inflation of 84.7%, between November 2012 and February 2025, 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 84.7% inflationary increase is applied to the most recent sale price for 4 MILL STREET of £122,500 on 29th November 2012. For the value to have increased from £122,500 to £226,280 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 MILL STREET has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The November 2012 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL STREET has not materially changed since November 2012.

How Large is 4 MILL STREET?

4 MILL STREET is 74m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of semi-detached houses houses in Caerleon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Caerleon, and where 4 MILL STREET lies on this distribution: 7% of semi-detached houses houses are smaller than 4 MILL STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

4 MILL STREET: Plot and Title Map

4 MILL STREET sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 4 MILL STREET, 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 4 MILL STREET). 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 4 MILL STREET?

4 MILL STREET is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 4 on MILL STREET.