704, MONNOW WAY, BETTWS, NEWPORT, NP20 7LP - £99,000

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

704 MONNOW WAY is a very small semi-detached house of 79m², built sometime between 1950 and 1966. It was last sold for £99,000 in October 2013, which was around 22% below the average October 2013 semi-detached price in the Newport local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

704 MONNOW WAY Sold Prices

Land registry data shows two sales for 704 MONNOW WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Both of the two 704 MONNOW WAY 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
2013 25 OCT	£99,000	£127,716	22% below HPI
2003 9 OCT	£63,000	£106,365	41% below HPI

704 MONNOW WAY 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 two 704 MONNOW WAY sales from October 2003 and October 2013 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2013 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 704 MONNOW WAY be worth now?

704 MONNOW WAY might now be worth an estimated £182,505.

This is based on house price inflation of 84.3%, between October 2013 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 84.3% inflationary increase is applied to the most recent sale price for 704 MONNOW WAY of £99,000 on 25th October 2013. For the value to have increased from £99,000 to £182,505 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 704 MONNOW WAY has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The October 2013 sale price of £99,000 represented a fair market value for the property.
• The size, condition, and specification of 704 MONNOW WAY has not materially changed since October 2013.

How Large is 704 MONNOW WAY?

704 MONNOW WAY is 79m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 704 MONNOW WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 704 MONNOW WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Newport.

704 MONNOW WAY: Plot and Title Map

704 MONNOW WAY sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 704 MONNOW WAY, 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 704 MONNOW WAY). 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 704 MONNOW WAY?

704 MONNOW WAY is located in BETTWS, in the NP20 postcode district. The below map shows the position of No. 704 on MONNOW WAY.