OAKWOOD, LLANDEVAUD, NEWPORT, NP18 2AE - £372,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAKWOOD is a large extended detached house of 177m², built sometime between 1967 and 1975, which could now be worth an estimated £566,536. It was last sold for £372,500 in March 2017, which was around 45% above the average March 2017 detached price in the Newport local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD 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 OAKWOOD 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
2017 10 MAR	£372,500	£257,183	45% above HPI
2016 3 MAY	£350,000	£241,216	45% above HPI

OAKWOOD 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 OAKWOOD sales from May 2016 and March 2017 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 2016 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2017 sale, which was also at 45% above the HPI.

What might OAKWOOD be worth now?

OAKWOOD might now be worth an estimated £566,536.

This is based on house price inflation of 52.1%, between March 2017 and February 2025, 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 52.1% inflationary increase is applied to the most recent sale price for OAKWOOD of £372,500 on 10th March 2017. For the value to have increased from £372,500 to £566,536 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of OAKWOOD has moved in line with the HPI for detached houses in the Newport local authority area.
• The March 2017 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of OAKWOOD has not materially changed since March 2017.

How Large is OAKWOOD?

OAKWOOD is 177m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% of detached houses houses in Llandevaud, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llandevaud, and where OAKWOOD lies on this distribution: 71% of detached houses houses are smaller than OAKWOOD, and 29% of houses are larger. Note that EPC data is not available for all properties in Llandevaud.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located in LLANDEVAUD, in the NP18 postcode district. The below map shows the position of OAKWOOD in LLANDEVAUD.