PARK LODGE, LODGE HILL, LLANWERN, NEWPORT, NP18 2DQ - £160,000

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.

PARK LODGE is a very small extended detached house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £282,223. It was last sold for £160,000 in December 2014, which was around 28% below the average December 2014 detached price in the Newport local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

PARK LODGE Sold Prices

Land registry data shows two sales for PARK LODGE 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 PARK LODGE sales 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
2014 22 DEC	£160,000	£221,754	28% below HPI
2007 8 OCT	£236,000	£252,654	7% below HPI

PARK 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 two PARK LODGE sales from October 2007 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 October 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might PARK LODGE be worth now?

PARK LODGE might now be worth an estimated £282,223.

This is based on house price inflation of 76.4%, between December 2014 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 76.4% inflationary increase is applied to the most recent sale price for PARK LODGE of £160,000 on 22nd December 2014. For the value to have increased from £160,000 to £282,223 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of PARK LODGE has moved in line with the HPI for detached houses in the Newport local authority area.
• The December 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of PARK LODGE has not materially changed since December 2014.

How Large is PARK LODGE?

PARK LODGE is 75m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses houses in Llanwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanwern, and where PARK LODGE lies on this distribution: Less than 1% of detached houses houses are smaller than PARK LODGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Llanwern.

PARK LODGE: Plot and Title Map

PARK LODGE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of PARK 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 PARK 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 PARK LODGE?

PARK LODGE is located on LODGE HILL in LLANWERN, in the NP18 postcode district. The below map shows the position of PARK LODGE on LODGE HILL.