PEAR TREE HOUSE, PEAR TREE LANE, NEWPORT, NP19 4LE - £240,000

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

PEAR TREE HOUSE is a very large extended detached house of 164m², built sometime between 1976 and 1982. It was last sold for £240,000 in July 2013, which was around 12% above the average July 2013 detached price in the Newport local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

PEAR TREE HOUSE Sold Prices

Land registry data shows two sales for PEAR TREE HOUSE 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. One of the two PEAR TREE HOUSE sales was for above the average price, whilst the other was 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
2013 19 JUL	£240,000	£214,007	12% above HPI
2006 7 FEB	£205,000	£225,108	9% below HPI

PEAR TREE 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 two PEAR TREE HOUSE sales from February 2006 and July 2013 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 February 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2013 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is PEAR TREE HOUSE?

PEAR TREE HOUSE is 164m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where PEAR TREE HOUSE lies on this distribution: 89% of detached houses are smaller than PEAR TREE HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Newport.

PEAR TREE HOUSE: Plot and Title Map

PEAR TREE HOUSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of PEAR TREE 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 PEAR TREE 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 PEAR TREE HOUSE?

PEAR TREE HOUSE is located on PEAR TREE LANE in NEWPORT, in the NP19 postcode district. The below map shows the position of PEAR TREE HOUSE on PEAR TREE LANE.