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
64 ROMAN REACH is a very small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £270,000 in December 2023, which was around 30% below the average December 2023 detached price in the Newport local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 64 ROMAN REACH since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the four 64 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 1 DEC | £270,000 | £387,863 | 30% below HPI |
2005 24 JUN | £195,000 | £224,285 | 13% below HPI |
1999 5 MAY | £77,000 | £93,621 | 18% below HPI |
1995 10 NOV | £66,500 | £83,526 | 20% below HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The four 64 ROMAN REACH sales between November 1995 and December 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 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
64 ROMAN REACH is 90m², which includes one extension, according to the EPC inspection conducted in October 2023. 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 64 ROMAN REACH lies on this distribution: 18% of detached houses are smaller than 64 ROMAN REACH, and 82% of houses are larger. Note that EPC data is not available for all properties in Caerleon.
64 ROMAN REACH sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 64 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 64 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.
64 ROMAN REACH is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 64 on ROMAN REACH.