Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 GRENADIER DRIVE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £390,000 in March 2021, which was around 17% above the average March 2021 detached price in the Newport local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 8 GRENADIER DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the five 8 GRENADIER 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 |
---|---|---|---|
2021 3 MAR | £390,000 | £333,106 | 17% above HPI |
2017 8 MAY | £300,000 | £265,480 | 13% above HPI |
2002 22 MAR | £148,000 | £128,712 | 15% above HPI |
1997 6 JUN | £119,000 | £90,473 | 32% above HPI |
1995 4 JAN | £115,950 | £84,179 | 38% above HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The five 8 GRENADIER DRIVE sales between January 1995 and March 2021 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 May 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.
8 GRENADIER DRIVE is 120m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where 8 GRENADIER DRIVE lies on this distribution: 45% of detached houses are smaller than 8 GRENADIER DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Langstone.
8 GRENADIER DRIVE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 8 GRENADIER 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 GRENADIER 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.
8 GRENADIER DRIVE is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 8 on GRENADIER DRIVE.