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

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 BESSEMER DRIVE is a midsized detached house of 114m², which could now be worth an estimated £333,526. It was last sold for £260,000 in October 2019, which was around 15% 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. One of the two 8 BESSEMER DRIVE sales was for below the average price, whilst the other was roughly equal to 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	£304,921	15% below HPI
2014 28 MAR	£220,995	£221,469	Close to 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 BESSEMER DRIVE be worth now?

8 BESSEMER DRIVE might now be worth an estimated £333,526.

This is based on house price inflation of 28.3%, between October 2019 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 28.3% inflationary increase is applied to the most recent sale price for 8 BESSEMER DRIVE of £260,000 on 11th October 2019. For the value to have increased from £260,000 to £333,526 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 BESSEMER DRIVE has moved in line with the HPI for detached houses in the Newport local authority area.
• The October 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BESSEMER DRIVE has not materially changed since October 2019.

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 houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 8 BESSEMER DRIVE lies on this distribution: 51% of detached houses 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.