8, BALA DRIVE, ROGERSTONE, NEWPORT, NP10 9HN - £325,000

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

8 BALA DRIVE is a very large extended detached house of 163m², built sometime between 1991 and 1995. It was last sold for £325,000 in October 2018, which was around 5% above the average October 2018 detached price in the Newport local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

8 BALA DRIVE Sold Prices

Land registry data shows two sales for 8 BALA DRIVE 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 8 BALA DRIVE sales were for above 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 4 OCT	£325,000	£309,999	5% above HPI
2017 23 NOV	£300,000	£275,698	9% above HPI

8 BALA DRIVE 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 8 BALA DRIVE sales from November 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 November 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 8 BALA DRIVE?

8 BALA DRIVE is 163m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Rogerstone, based on EPC data. The below chart shows the distribution of detached houses by size in Rogerstone, and where 8 BALA DRIVE lies on this distribution: 88% of detached houses are smaller than 8 BALA DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Rogerstone.

8 BALA DRIVE: Plot and Title Map

8 BALA DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 8 BALA DRIVE, 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 8 BALA DRIVE). 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 8 BALA DRIVE?

8 BALA DRIVE is located in ROGERSTONE, in the NP10 postcode district. The below map shows the position of No. 8 on BALA DRIVE.