61, LAUREL ROAD, BASSALEG, NEWPORT, NP10 8PS - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

61 LAUREL ROAD is a small semi-detached house of 103m², built sometime between 1950 and 1966. It was last sold for £270,000 in October 2023, which was around 18% above the average October 2023 semi-detached price in the Newport local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

61 LAUREL ROAD Sold Prices

Land registry data shows four sales for 61 LAUREL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Most of the four 61 LAUREL ROAD sales were for above 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 2 OCT	£270,000	£229,648	18% above HPI
2021 11 JUN	£220,000	£197,068	12% above HPI
2016 24 MAR	£182,000	£140,672	29% above HPI
2015 23 JUL	£121,000	£140,119	14% below HPI

61 LAUREL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The four 61 LAUREL ROAD sales between July 2015 and October 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 June 2021 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2023 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 61 LAUREL ROAD be worth now?

61 LAUREL ROAD might now be worth an estimated £276,813.

This is based on house price inflation of 2.5%, between October 2023 and December 2024, for semi-detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% inflationary increase is applied to the most recent sale price for 61 LAUREL ROAD of £270,000 on 2nd October 2023. For the value to have increased from £270,000 to £276,813 over the ten months to December 2024, the following assumptions must hold true:

• The value of 61 LAUREL ROAD has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The October 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 61 LAUREL ROAD has not materially changed since October 2023.

How Large is 61 LAUREL ROAD?

61 LAUREL ROAD is 103m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 61 LAUREL ROAD lies on this distribution: 34% of semi-detached houses houses are smaller than 61 LAUREL ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Newport.

61 LAUREL ROAD: Plot and Title Map

61 LAUREL ROAD sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 61 LAUREL 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 61 LAUREL 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 61 LAUREL ROAD?

61 LAUREL ROAD is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 61 on LAUREL ROAD.