8, SHEPHERD DRIVE, LANGSTONE, NEWPORT, NP18 2LB - £550,000

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 SHEPHERD DRIVE is a large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £550,000 in January 2024, which was around 43% above the average January 2024 detached price in the Newport local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.

8 SHEPHERD DRIVE Sold Prices

Land registry data shows four sales for 8 SHEPHERD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the four 8 SHEPHERD 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
2024 24 JAN	£550,000	£384,903	43% above HPI
2009 8 SEP	£348,000	£212,003	64% above HPI
2005 26 OCT	£320,000	£230,518	39% above HPI
2003 13 OCT	£245,000	£185,188	32% above HPI

8 SHEPHERD 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 four 8 SHEPHERD DRIVE sales between October 2003 and January 2024 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 September 2009 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the January 2024 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 8 SHEPHERD DRIVE?

8 SHEPHERD DRIVE is 140m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 40% 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 SHEPHERD DRIVE lies on this distribution: 62% of detached houses are smaller than 8 SHEPHERD DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Langstone.

8 SHEPHERD DRIVE: Plot and Title Map

8 SHEPHERD DRIVE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 8 SHEPHERD 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 SHEPHERD 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 SHEPHERD DRIVE?

8 SHEPHERD DRIVE is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 8 on SHEPHERD DRIVE.