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
44 WESTFIELD WAY is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £245,000 in August 2019, which was around 22% below the average August 2019 detached price in the Newport local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 44 WESTFIELD WAY since 1st 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 44 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 |
---|---|---|---|
2019 16 AUG | £245,000 | £315,070 | 22% below HPI |
2015 23 JAN | £138,950 | £232,578 | 40% below HPI |
2014 18 MAR | £96,500 | £226,669 | 57% below HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The three 44 WESTFIELD WAY sales between March 2014 and August 2019 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 January 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
44 WESTFIELD WAY is 76m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 44 WESTFIELD WAY lies on this distribution: 7% of detached houses are smaller than 44 WESTFIELD WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.
44 WESTFIELD WAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 44 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 44 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.
44 WESTFIELD WAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 44 on WESTFIELD WAY.