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
9 RIDGEWAY is a very large extended detached house of 198m², built sometime between 1930 and 1949. It was last sold for £350,000 in June 2024, which was around 11% below the average June 2024 detached price in the Newport local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 9 RIDGEWAY since 1st 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 9 RIDGEWAY sales was for below the average price, whilst the other was 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 28 JUN | £350,000 | £393,908 | 11% below HPI |
2000 6 OCT | £200,000 | £111,440 | 79% above HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The two 9 RIDGEWAY sales from October 2000 and June 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 October 2000 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the June 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
9 RIDGEWAY is 198m², which includes four extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 lies on this distribution: 95% of detached houses are smaller than 9 RIDGEWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Newport.
9 RIDGEWAY sits on a plot of roughly 0.369 of an acre, or 1,491m². The below map shows the location of 9 RIDGEWAY, 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). 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.
9 RIDGEWAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 9 on RIDGEWAY.