7, PARK SQUARE, NEWPORT, NP20 4EL - £37,000

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

7 PARK SQUARE is a very large detached house of 159m², built sometime between 1900 and 1929. It was last sold for £37,000 in January 2002, which was around 71% below the average January 2002 detached price in the Newport local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

7 PARK SQUARE Sold Prices

Land registry data shows two sales for 7 PARK SQUARE 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 PARK SQUARE 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
2002 11 JAN	£37,000	£127,345	71% below HPI
1996 5 SEP	£67,000	£81,911	18% below HPI

7 PARK SQUARE 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 PARK SQUARE sales from September 1996 and January 2002 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2002 sale, where it falls to 71% below the HPI. The line then continues to track at 71% below the HPI.

How Large is 7 PARK SQUARE?

7 PARK SQUARE is 159m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 7 PARK SQUARE lies on this distribution: 87% of detached houses are smaller than 7 PARK SQUARE, and 13% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 PARK SQUARE: Plot and Title Map

7 PARK SQUARE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 7 PARK SQUARE, 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 PARK SQUARE). 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 PARK SQUARE?

7 PARK SQUARE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 7 on PARK SQUARE.