4, THE FIRS, NEWPORT, NP20 6YD - £297,500

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

4 THE FIRS is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £297,500 in December 2023, which was around 23% below the average December 2023 detached price in the Newport local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

4 THE FIRS Sold Prices

Land registry data shows three sales for 4 THE FIRS 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 4 THE FIRS 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
2023 1 DEC	£297,500	£387,863	23% below HPI
2014 17 DEC	£195,000	£226,961	14% below HPI
1999 29 OCT	£94,000	£97,979	4% below HPI

4 THE FIRS 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 4 THE FIRS sales between October 1999 and December 2023 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 December 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 THE FIRS?

4 THE FIRS is 98m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 4 THE FIRS lies on this distribution: 28% of detached houses are smaller than 4 THE FIRS, and 70% of houses are larger. Note that EPC data is not available for all properties in Newport.

4 THE FIRS: Plot and Title Map

4 THE FIRS sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 4 THE FIRS, 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 THE FIRS). 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 THE FIRS?

4 THE FIRS is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 4 on THE FIRS.