THE OLD SMYTHY, CHURCH LANE, COEDKERNEW, NEWPORT, NP10 8TU - £340,000

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.

THE OLD SMYTHY is a very large extended detached house of 181m², built sometime between 1950 and 1966, which could now be worth an estimated £532,343. It was last sold for £340,000 in October 2016, which was around 36% above the average October 2016 detached price in the Newport local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

THE OLD SMYTHY Sold Prices

Land registry data shows two sales for THE OLD SMYTHY 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 THE OLD SMYTHY 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
2016 24 OCT	£340,000	£249,822	36% above HPI
2012 30 MAR	£200,000	£209,920	5% below HPI

THE OLD SMYTHY 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 THE OLD SMYTHY sales from March 2012 and October 2016 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 March 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2016 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might THE OLD SMYTHY be worth now?

THE OLD SMYTHY might now be worth an estimated £532,343.

This is based on house price inflation of 56.6%, between October 2016 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 56.6% inflationary increase is applied to the most recent sale price for THE OLD SMYTHY of £340,000 on 24th October 2016. For the value to have increased from £340,000 to £532,343 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of THE OLD SMYTHY has moved in line with the HPI for detached houses in the Newport local authority area.
• The October 2016 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD SMYTHY has not materially changed since October 2016.

How Large is THE OLD SMYTHY?

THE OLD SMYTHY is 181m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where THE OLD SMYTHY lies on this distribution: 92% of detached houses houses are smaller than THE OLD SMYTHY, and 8% of houses are larger. Note that EPC data is not available for all properties in Newport.

THE OLD SMYTHY: Plot and Title Map

THE OLD SMYTHY sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of THE OLD SMYTHY, 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 THE OLD SMYTHY). 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 THE OLD SMYTHY?

THE OLD SMYTHY is located on CHURCH LANE in COEDKERNEW, in the NP10 postcode district. The below map shows the position of THE OLD SMYTHY on CHURCH LANE.