7, COLD MILL ROAD, NEWPORT, NP19 4DG - £284,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 COLD MILL ROAD is a midsized detached house of 110m², which could now be worth an estimated £367,404. It was last sold for £284,500 in October 2018, which was around 6% below the average October 2018 detached price in the Newport local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

7 COLD MILL ROAD Sold Prices

Land registry data shows two sales for 7 COLD MILL ROAD 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 7 COLD MILL 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
2018 17 OCT	£284,500	£302,888	6% below HPI
2017 31 MAR	£244,995	£257,183	5% below HPI

7 COLD MILL 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 two 7 COLD MILL ROAD sales from March 2017 and October 2018 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 March 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 7 COLD MILL ROAD be worth now?

7 COLD MILL ROAD might now be worth an estimated £367,404.

This is based on house price inflation of 29.1%, between October 2018 and February 2025, for 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 29.1% inflationary increase is applied to the most recent sale price for 7 COLD MILL ROAD of £284,500 on 17th October 2018. For the value to have increased from £284,500 to £367,404 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 COLD MILL ROAD has moved in line with the HPI for detached houses in the Newport local authority area.
• The October 2018 sale price of £284,500 represented a fair market value for the property.
• The size, condition, and specification of 7 COLD MILL ROAD has not materially changed since October 2018.

How Large is 7 COLD MILL ROAD?

7 COLD MILL ROAD is 110m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 7 COLD MILL ROAD lies on this distribution: 44% of detached houses houses are smaller than 7 COLD MILL ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 COLD MILL ROAD: Plot and Title Map

7 COLD MILL ROAD sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 7 COLD MILL 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 7 COLD MILL 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 7 COLD MILL ROAD?

7 COLD MILL ROAD is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 7 on COLD MILL ROAD.