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

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.

8 BALA DRIVE is a very large extended detached house of 163m², built sometime between 1991 and 1995, which could now be worth an estimated £419,705. It was last sold for £325,000 in October 2018, which was around 7% 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	£302,888	7% above HPI
2017 23 NOV	£300,000	£269,374	11% 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 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 8 BALA DRIVE be worth now?

8 BALA DRIVE might now be worth an estimated £419,705.

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 8 BALA DRIVE of £325,000 on 4th October 2018. For the value to have increased from £325,000 to £419,705 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 BALA DRIVE has moved in line with the HPI for detached houses in the Newport local authority area.
• The October 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BALA DRIVE has not materially changed since October 2018.

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 houses in Rogerstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rogerstone, and where 8 BALA DRIVE lies on this distribution: 88% of detached houses 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.