6, PARKWOOD DRIVE, BASSALEG, NEWPORT, NP10 8JT - £365,000

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

6 PARKWOOD DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £365,000 in July 2022, which was around 5% below the average July 2022 detached price in the Newport local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

6 PARKWOOD DRIVE Sold Prices

Land registry data shows two sales for 6 PARKWOOD DRIVE 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 6 PARKWOOD DRIVE 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 22 JUL	£365,000	£383,404	5% below HPI
2020 20 JAN	£180,000	£318,914	44% below HPI

6 PARKWOOD DRIVE 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 6 PARKWOOD DRIVE sales from January 2020 and July 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 January 2020 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 6 PARKWOOD DRIVE?

6 PARKWOOD DRIVE is 66m² according to the EPC inspection conducted in October 2019. 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 6 PARKWOOD DRIVE lies on this distribution: 4% of detached houses are smaller than 6 PARKWOOD DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Newport.

6 PARKWOOD DRIVE: Plot and Title Map

6 PARKWOOD DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 6 PARKWOOD DRIVE, 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 6 PARKWOOD DRIVE). 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 6 PARKWOOD DRIVE?

6 PARKWOOD DRIVE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 6 on PARKWOOD DRIVE.