5, RIDGEWAY WALK, NEWPORT, NP20 5AS - £180,000

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

5 RIDGEWAY WALK is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £180,000 in April 2006, which was around 23% below the average April 2006 detached price in the Newport local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

5 RIDGEWAY WALK Sold Prices

Land registry data shows two sales for 5 RIDGEWAY WALK 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 5 RIDGEWAY WALK 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
2006 7 APR	£180,000	£233,824	23% below HPI
2004 2 JUN	£97,000	£204,252	53% below HPI

5 RIDGEWAY WALK 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 5 RIDGEWAY WALK sales from June 2004 and April 2006 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 June 2004 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the April 2006 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 RIDGEWAY WALK?

5 RIDGEWAY WALK is 64m² according to the EPC inspection conducted in January 2024. 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 5 RIDGEWAY WALK lies on this distribution: 3% of detached houses are smaller than 5 RIDGEWAY WALK, and 97% of houses are larger. Note that EPC data is not available for all properties in Newport.

5 RIDGEWAY WALK: Plot and Title Map

5 RIDGEWAY WALK sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 5 RIDGEWAY WALK, 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 5 RIDGEWAY WALK). 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 5 RIDGEWAY WALK?

5 RIDGEWAY WALK is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 5 on RIDGEWAY WALK.