8, BESSEMER DRIVE, NEWPORT, NP19 4TP - £260,000

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 BESSEMER DRIVE is a midsized detached house of 114m². It was last sold for £260,000 in October 2019, which was around 17% below the average October 2019 detached price in the Newport local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

8 BESSEMER DRIVE Sold Prices

Land registry data shows two sales for 8 BESSEMER 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 BESSEMER DRIVE 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
2019 11 OCT	£260,000	£312,080	17% below HPI
2014 28 MAR	£220,995	£226,669	3% below HPI

8 BESSEMER 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 BESSEMER DRIVE sales from March 2014 and October 2019 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 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 BESSEMER DRIVE?

8 BESSEMER DRIVE is 114m² according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 8 BESSEMER DRIVE lies on this distribution: 51% of detached houses are smaller than 8 BESSEMER DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Newport.

8 BESSEMER DRIVE: Plot and Title Map

8 BESSEMER DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 8 BESSEMER 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 BESSEMER 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 BESSEMER DRIVE?

8 BESSEMER DRIVE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 8 on BESSEMER DRIVE.