HONEYWOOD, HIGHFIELD LANE, BASSALEG, NEWPORT, NP10 8LQ - £269,950

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

HONEYWOOD is a very large detached house of 164m², built sometime between 1950 and 1966. It was last sold for £269,950 in January 2013, which was around 23% above the average January 2013 detached price in the Newport local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

HONEYWOOD Sold Prices

Land registry data shows four sales for HONEYWOOD 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. Most of the four HONEYWOOD 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
2013 3 JAN	£269,950	£218,629	23% above HPI
2004 31 MAR	£100,000	£198,420	50% below HPI
2002 4 OCT	£229,950	£146,815	57% above HPI
1996 24 MAY	£130,000	£81,936	59% above HPI

HONEYWOOD 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 HONEYWOOD sales between May 1996 and January 2013 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 2004 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the January 2013 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is HONEYWOOD?

HONEYWOOD is 164m² according to the EPC inspection conducted in April 2012. This puts it in the largest 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 HONEYWOOD lies on this distribution: 89% of detached houses are smaller than HONEYWOOD, and 11% of houses are larger. Note that EPC data is not available for all properties in Newport.

HONEYWOOD: Plot and Title Map

HONEYWOOD sits on a plot of roughly 0.173 of an acre, or 698m². The below map shows the location of HONEYWOOD, 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 HONEYWOOD). 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 HONEYWOOD?

HONEYWOOD is located on HIGHFIELD LANE in BASSALEG, in the NP10 postcode district. The below map shows the position of HONEYWOOD on HIGHFIELD LANE.