9, RIDGEWAY GARDENS, NEWPORT, NP20 5AY - £225,000

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

9 RIDGEWAY GARDENS is a very small detached house of 77m², built sometime between 2003 and 2006. It was last sold for £225,000 in August 2018, which was around 25% below the average August 2018 detached price in the Newport local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

9 RIDGEWAY GARDENS Sold Prices

Land registry data shows three sales for 9 RIDGEWAY GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 9 RIDGEWAY GARDENS 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
2018 22 AUG	£225,000	£300,667	25% below HPI
2010 24 MAR	£180,000	£221,231	19% below HPI
2004 15 OCT	£120,000	£217,957	45% below HPI

9 RIDGEWAY GARDENS 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 three 9 RIDGEWAY GARDENS sales between October 2004 and August 2018 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 9 RIDGEWAY GARDENS?

9 RIDGEWAY GARDENS is 77m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 9 RIDGEWAY GARDENS lies on this distribution: 7% of detached houses are smaller than 9 RIDGEWAY GARDENS, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

9 RIDGEWAY GARDENS: Plot and Title Map

9 RIDGEWAY GARDENS sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 9 RIDGEWAY GARDENS, 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 9 RIDGEWAY GARDENS). 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 9 RIDGEWAY GARDENS?

9 RIDGEWAY GARDENS is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 9 on RIDGEWAY GARDENS.