62, EAST GROVE ROAD, NEWPORT, NP19 9QH - £139,000

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

62 EAST GROVE ROAD is a midsized detached house of 116m², built sometime between 1950 and 1966. It was last sold for £139,000 in November 2017, which was around 50% below the average November 2017 detached price in the Newport local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

62 EAST GROVE ROAD Sold Prices

Land registry data shows three sales for 62 EAST GROVE 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 62 EAST GROVE 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
2017 3 NOV	£139,000	£275,698	50% below HPI
2003 16 OCT	£120,000	£185,188	35% below HPI
2001 19 OCT	£81,000	£123,236	34% below HPI

62 EAST GROVE 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 62 EAST GROVE ROAD sales between October 2001 and November 2017 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 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2017 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 62 EAST GROVE ROAD?

62 EAST GROVE ROAD is 116m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 62 EAST GROVE ROAD lies on this distribution: 53% of detached houses are smaller than 62 EAST GROVE ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Newport.

62 EAST GROVE ROAD: Plot and Title Map

62 EAST GROVE ROAD sits on a plot of roughly 0.135 of an acre, or 544m². The below map shows the location of 62 EAST GROVE 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 62 EAST GROVE 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 62 EAST GROVE ROAD?

62 EAST GROVE ROAD is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 62 on EAST GROVE ROAD.