48, GROSMONT WAY, NEWPORT, NP10 8UQ - £339,950

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

48 GROSMONT WAY is a very large extended detached house of 157m², built sometime between 2003 and 2006. It was last sold for £339,950 in June 2018, which was around 15% above the average June 2018 detached price in the Newport local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

48 GROSMONT WAY Sold Prices

Land registry data shows two sales for 48 GROSMONT WAY 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 48 GROSMONT WAY 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
2018 22 JUN	£339,950	£295,428	15% above HPI
2004 17 SEP	£247,950	£215,145	15% above HPI

48 GROSMONT WAY 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 48 GROSMONT WAY sales from September 2004 and June 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 September 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2018 sale, which was also at 15% above the HPI.

How Large is 48 GROSMONT WAY?

48 GROSMONT WAY is 157m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 48 GROSMONT WAY lies on this distribution: 87% of detached houses are smaller than 48 GROSMONT WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Newport.

48 GROSMONT WAY: Plot and Title Map

48 GROSMONT WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 48 GROSMONT 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 48 GROSMONT 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.

Where is 48 GROSMONT WAY?

48 GROSMONT WAY is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 48 on GROSMONT WAY.