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
43 RIDGEWAY AVENUE is a large detached house of 122m², built sometime between 1900 and 1929. It was last sold for £430,000 in November 2018, which was around 39% above the average November 2018 detached price in the Newport local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 43 RIDGEWAY AVENUE since 1st 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. One of the two 43 RIDGEWAY AVENUE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2018 12 NOV | £430,000 | £308,962 | 39% above HPI |
2002 15 NOV | £55,000 | £152,764 | 64% below HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The two 43 RIDGEWAY AVENUE sales from November 2002 and November 2018 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 2002 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the November 2018 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.
43 RIDGEWAY AVENUE is 122m² according to the EPC inspection conducted in October 2017. 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 43 RIDGEWAY AVENUE lies on this distribution: 60% of detached houses are smaller than 43 RIDGEWAY AVENUE, and 38% of houses are larger. Note that EPC data is not available for all properties in Newport.
43 RIDGEWAY AVENUE sits on a plot of roughly 0.388 of an acre, or 1,569m². The below map shows the location of 43 RIDGEWAY AVENUE, 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 43 RIDGEWAY AVENUE). 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.
43 RIDGEWAY AVENUE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 43 on RIDGEWAY AVENUE.