ORCHARD LODGE, OLD CHEPSTOW ROAD, LANGSTONE, NEWPORT, NP18 2ND - £542,500

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

ORCHARD LODGE is a very large detached house of 227m². It was last sold for £542,500 in October 2020, which was around 65% above the average October 2020 detached price in the Newport local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was C.

ORCHARD LODGE Sold Prices

Land registry data shows three sales for ORCHARD LODGE 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 ORCHARD LODGE 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
2020 14 OCT	£542,500	£328,535	65% above HPI
2018 3 AUG	£510,000	£300,667	70% above HPI
2016 23 JUN	£452,500	£251,886	80% above HPI

ORCHARD LODGE 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 ORCHARD LODGE sales between June 2016 and October 2020 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 2018 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the October 2020 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is ORCHARD LODGE?

ORCHARD LODGE is 227m² according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where ORCHARD LODGE lies on this distribution: 94% of detached houses are smaller than ORCHARD LODGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Langstone.

ORCHARD LODGE: Plot and Title Map

ORCHARD LODGE sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of ORCHARD LODGE, 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 ORCHARD LODGE). 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 ORCHARD LODGE?

ORCHARD LODGE is located on OLD CHEPSTOW ROAD in LANGSTONE, in the NP18 postcode district. The below map shows the position of ORCHARD LODGE on OLD CHEPSTOW ROAD.