40, RIDGEWAY, NEWPORT, NP20 5AG - £715,000

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

40 RIDGEWAY is a very large extended detached house of 218m², built sometime between 1930 and 1949. It was last sold for £715,000 in January 2022, which was around 96% above the average January 2022 detached price in the Newport local authority area. The most recent EPC inspection was May 2021, where the current energy rating was F, and the potential energy rating was C.

40 RIDGEWAY Sold Prices

Land registry data shows two sales for 40 RIDGEWAY 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 40 RIDGEWAY 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
2022 28 JAN	£715,000	£365,248	96% above HPI
1996 14 MAR	£155,000	£81,581	90% above HPI

40 RIDGEWAY 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 40 RIDGEWAY sales from March 1996 and January 2022 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 March 1996 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the January 2022 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is 40 RIDGEWAY?

40 RIDGEWAY is 218m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 40 RIDGEWAY lies on this distribution: 96% of detached houses are smaller than 40 RIDGEWAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Newport.

40 RIDGEWAY: Plot and Title Map

40 RIDGEWAY sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of 40 RIDGEWAY, 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 40 RIDGEWAY). 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 40 RIDGEWAY?

40 RIDGEWAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 40 on RIDGEWAY.