54, TANDEM MILL ROAD, NEWPORT, NP19 4DP - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

54 TANDEM MILL ROAD is a very small detached house of 74m². It was last sold for £235,000 in November 2023, which was around 40% below the average November 2023 detached price in the Newport local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

54 TANDEM MILL ROAD Sold Prices

Land registry data shows three sales for 54 TANDEM MILL ROAD since 1^st 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 54 TANDEM MILL 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
2023 10 NOV	£235,000	£389,705	40% below HPI
2022 21 DEC	£248,000	£396,933	38% below HPI
2021 30 APR	£239,995	£332,982	28% below HPI

54 TANDEM MILL 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 three 54 TANDEM MILL ROAD sales between April 2021 and November 2023 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 December 2022 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 54 TANDEM MILL ROAD?

54 TANDEM MILL ROAD is 74m² according to the EPC inspection conducted in March 2021. 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 54 TANDEM MILL ROAD lies on this distribution: 6% of detached houses are smaller than 54 TANDEM MILL ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Newport.

54 TANDEM MILL ROAD: Plot and Title Map

54 TANDEM MILL ROAD sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 54 TANDEM MILL 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 54 TANDEM MILL 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 54 TANDEM MILL ROAD?

54 TANDEM MILL ROAD is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 54 on TANDEM MILL ROAD.