480, CORPORATION ROAD, NEWPORT, NP19 0GP - £175,000

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

480 CORPORATION ROAD is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £175,000 in February 2020, which was around 45% below the average February 2020 detached price in the Newport local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

480 CORPORATION ROAD Sold Prices

Land registry data shows two sales for 480 CORPORATION ROAD 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 480 CORPORATION ROAD 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
2020 25 FEB	£175,000	£316,913	45% below HPI
2020 21 FEB	£180,000	£316,913	43% below HPI

480 CORPORATION ROAD 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 480 CORPORATION ROAD sales from February 2020 and February 2020 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 February 2020 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2020 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 480 CORPORATION ROAD?

480 CORPORATION ROAD is 84m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 480 CORPORATION ROAD lies on this distribution: 12% of detached houses are smaller than 480 CORPORATION ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Newport.

480 CORPORATION ROAD: Plot and Title Map

480 CORPORATION ROAD sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 480 CORPORATION ROAD, 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 480 CORPORATION ROAD). 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 480 CORPORATION ROAD?

480 CORPORATION ROAD is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 480 on CORPORATION ROAD.