IVY COTTAGE, OLD ROMAN ROAD, LANGSTONE, NEWPORT, NP18 2JU - £362,000

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

IVY COTTAGE is a midsized extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £362,000 in December 2014, which was around 59% above the average December 2014 detached price in the Newport local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

IVY COTTAGE Sold Prices

Land registry data shows three sales for IVY COTTAGE 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 IVY COTTAGE 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
2014 19 DEC	£362,000	£226,961	59% above HPI
2007 19 SEP	£360,000	£260,235	38% above HPI
2001 30 MAY	£189,950	£118,102	61% above HPI

IVY COTTAGE 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 IVY COTTAGE sales between May 2001 and December 2014 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 September 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2014 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 115m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where IVY COTTAGE lies on this distribution: 40% of detached houses are smaller than IVY COTTAGE, and 59% of houses are larger. Note that EPC data is not available for all properties in Langstone.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of IVY COTTAGE, 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 IVY COTTAGE). 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 IVY COTTAGE?

IVY COTTAGE is located on OLD ROMAN ROAD in LANGSTONE, in the NP18 postcode district. The below map shows the position of IVY COTTAGE on OLD ROMAN ROAD.