GREEN OAK, MILL STREET, CAERLEON, NEWPORT, NP18 1BH - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GREEN OAK is a very large detached house of 205m², built sometime between 1991 and 1995, which could now be worth an estimated £729,209. It was last sold for £310,000 in May 2003, which was around 89% above the average May 2003 detached price in the Newport local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

GREEN OAK Sold Prices

Land registry data shows two sales for GREEN OAK 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 GREEN OAK 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
2003 2 MAY	£310,000	£164,170	89% above HPI
2000 5 MAY	£175,000	£107,331	63% above HPI

GREEN OAK 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 GREEN OAK sales from May 2000 and May 2003 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 2000 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the May 2003 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might GREEN OAK be worth now?

GREEN OAK might now be worth an estimated £729,209.

This is based on house price inflation of 135.2%, between May 2003 and December 2024, for detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 135.2% inflationary increase is applied to the most recent sale price for GREEN OAK of £310,000 on 2nd May 2003. For the value to have increased from £310,000 to £729,209 over the twenty years and five months to December 2024, the following assumptions must hold true:

• The value of GREEN OAK has moved in line with the HPI for detached houses in the Newport local authority area.
• The May 2003 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN OAK has not materially changed since May 2003.

How Large is GREEN OAK?

GREEN OAK is 205m² according to the EPC inspection conducted in November 2012. This puts it in the largest 10% of detached houses houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caerleon, and where GREEN OAK lies on this distribution: 90% of detached houses houses are smaller than GREEN OAK, and 9% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

GREEN OAK: Plot and Title Map

GREEN OAK sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of GREEN OAK, 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 GREEN OAK). 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 GREEN OAK?

GREEN OAK is located on MILL STREET in CAERLEON, in the NP18 postcode district. The below map shows the position of GREEN OAK on MILL STREET.