6, ROMAN REACH, CAERLEON, NEWPORT, NP18 3SG - £275,000

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 ROMAN REACH is a very small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £275,000 in August 2023, which was around 30% below the average August 2023 detached price in the Newport local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

6 ROMAN REACH Sold Prices

Land registry data shows two sales for 6 ROMAN REACH 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 ROMAN REACH 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 21 AUG	£275,000	£390,482	30% below HPI
1996 27 SEP	£66,000	£81,911	19% below HPI

6 ROMAN REACH 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 ROMAN REACH sales from September 1996 and August 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 September 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 6 ROMAN REACH?

6 ROMAN REACH is 80m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 6 ROMAN REACH lies on this distribution: 10% of detached houses are smaller than 6 ROMAN REACH, and 89% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

6 ROMAN REACH: Plot and Title Map

6 ROMAN REACH sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 6 ROMAN REACH, 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 ROMAN REACH). 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 ROMAN REACH?

6 ROMAN REACH is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 6 on ROMAN REACH.