TETHERS END, CHEPSTOW ROAD, LANGSTONE, NEWPORT, NP18 2LU - £474,000

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

TETHERS END is a large detached house of 153m², built sometime between 1950 and 1966. It was last sold for £474,000 in February 2022, which was around 29% above the average February 2022 detached price in the Newport local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

TETHERS END Sold Prices

Land registry data shows two sales for TETHERS END 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 TETHERS END 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
2022 4 FEB	£474,000	£368,690	29% above HPI
2008 30 MAY	£195,084	£246,590	21% below HPI

TETHERS END 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 TETHERS END sales from May 2008 and February 2022 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 May 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is TETHERS END?

TETHERS END is 153m² according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where TETHERS END lies on this distribution: 72% of detached houses are smaller than TETHERS END, and 28% of houses are larger. Note that EPC data is not available for all properties in Langstone.

TETHERS END: Plot and Title Map

TETHERS END sits on a plot of roughly 0.274 of an acre, or 1,108m². The below map shows the location of TETHERS END, 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 TETHERS END). 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 TETHERS END?

TETHERS END is located on CHEPSTOW ROAD in LANGSTONE, in the NP18 postcode district. The below map shows the position of TETHERS END on CHEPSTOW ROAD.