84, SPENCER WAY, NEWPORT, NP19 4BU - £300,000

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

84 SPENCER WAY is a very small detached house of 87m². It was last sold for £300,000 in August 2023, which was around 23% below the average August 2023 detached price in the Newport local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

84 SPENCER WAY Sold Prices

Land registry data shows two sales for 84 SPENCER WAY 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 84 SPENCER WAY 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
2023 18 AUG	£300,000	£389,762	23% below HPI
2017 26 MAY	£219,995	£265,480	17% below HPI

84 SPENCER WAY 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 84 SPENCER WAY sales from May 2017 and August 2023 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 84 SPENCER WAY?

84 SPENCER WAY is 87m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 84 SPENCER WAY lies on this distribution: 16% of detached houses are smaller than 84 SPENCER WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Newport.

84 SPENCER WAY: Plot and Title Map

84 SPENCER WAY sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 84 SPENCER WAY, 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 84 SPENCER WAY). 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 84 SPENCER WAY?

84 SPENCER WAY is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 84 on SPENCER WAY.