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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PARK LODGE is a very small extended detached house of 75m², built sometime between 1900 and 1929. It was last sold for £160,000 in December 2014, which was around 30% 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	£226,961	30% below HPI
2007 8 OCT	£236,000	£258,586	9% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

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 in Llanwern, based on EPC data. The below chart shows the distribution of detached houses by size in Llanwern, and where PARK LODGE lies on this distribution: Less than 1% of detached 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.