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
527 CHEPSTOW ROAD is a very small detached house of 68m², built sometime between 1930 and 1949. It was last sold for £202,000 in May 2022, which was around 46% below the average May 2022 detached price in the Newport local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 527 CHEPSTOW ROAD 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 527 CHEPSTOW 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 |
---|---|---|---|
2022 6 MAY | £202,000 | £377,261 | 46% below HPI |
2019 25 OCT | £142,500 | £312,080 | 54% below HPI |
2003 4 JUL | £88,000 | £172,972 | 49% 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 527 CHEPSTOW ROAD sales between July 2003 and May 2022 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 October 2019 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the May 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
527 CHEPSTOW ROAD is 68m² according to the EPC inspection conducted in June 2020. 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 527 CHEPSTOW ROAD lies on this distribution: 4% of detached houses are smaller than 527 CHEPSTOW ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Newport.
527 CHEPSTOW ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 527 CHEPSTOW 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 527 CHEPSTOW 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.
527 CHEPSTOW ROAD is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 527 on CHEPSTOW ROAD.