RAVELS, LODGE ROAD, CAERLEON, NEWPORT, NP18 3QX - £310,000

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

RAVELS is a large detached house of 140m², built sometime between 1950 and 1966. It was last sold for £310,000 in January 2018, which was around 11% above the average January 2018 detached price in the Newport local authority area. The most recent EPC inspection was July 2013, where the current energy rating was F, and the potential energy rating was D.

RAVELS Sold Prices

Land registry data shows two sales for RAVELS 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 RAVELS 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
2018 30 JAN	£310,000	£280,337	11% above HPI
2013 18 OCT	£247,500	£219,554	13% above HPI

RAVELS 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 RAVELS sales from October 2013 and January 2018 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 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is RAVELS?

RAVELS is 140m² according to the EPC inspection conducted in July 2013. This puts it in the largest 30% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where RAVELS lies on this distribution: 69% of detached houses are smaller than RAVELS, and 30% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

RAVELS: Plot and Title Map

RAVELS sits on a plot of roughly 0.208 of an acre, or 841m². The below map shows the location of RAVELS, 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 RAVELS). 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 RAVELS?

RAVELS is located on LODGE ROAD in CAERLEON, in the NP18 postcode district. The below map shows the position of RAVELS on LODGE ROAD.