OAKFIELD HOUSE, BLACKSMITHS WAY, COEDKERNEW, NEWPORT, NP10 8TR - £465,000

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

OAKFIELD HOUSE is a very large extended detached house of 197m², built sometime between 2003 and 2006. It was last sold for £465,000 in June 2019, which was around 50% above the average June 2019 detached price in the Newport local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

OAKFIELD HOUSE Sold Prices

Land registry data shows three sales for OAKFIELD HOUSE 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. One of the three OAKFIELD HOUSE sales was for above the average price, whilst two 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
2019 28 JUN	£465,000	£310,951	50% above HPI
2004 6 AUG	£166,000	£208,320	20% below HPI
1999 6 DEC	£96,000	£104,323	8% below HPI

OAKFIELD HOUSE 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 OAKFIELD HOUSE sales between December 1999 and June 2019 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 August 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2019 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is OAKFIELD HOUSE?

OAKFIELD HOUSE is 197m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 OAKFIELD HOUSE lies on this distribution: 95% of detached houses are smaller than OAKFIELD HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Newport.

OAKFIELD HOUSE: Plot and Title Map

OAKFIELD HOUSE sits on a plot of roughly 0.252 of an acre, or 1,020m². The below map shows the location of OAKFIELD HOUSE, 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 OAKFIELD HOUSE). 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 OAKFIELD HOUSE?

OAKFIELD HOUSE is located on BLACKSMITHS WAY in COEDKERNEW, in the NP10 postcode district. The below map shows the position of OAKFIELD HOUSE on BLACKSMITHS WAY.