WRENS COTTAGE, TREGARN ROAD, LANGSTONE, NEWPORT, NP18 2JT - £330,000

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

WRENS COTTAGE is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £330,000 in August 2024, which was around 18% below the average August 2024 detached price in the Newport local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

WRENS COTTAGE Sold Prices

Land registry data shows three sales for WRENS COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three WRENS COTTAGE 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
2024 27 AUG	£330,000	£403,083	18% below HPI
2021 23 NOV	£335,000	£358,876	7% below HPI
1999 1 OCT	£95,000	£97,979	3% below HPI

WRENS COTTAGE 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 three WRENS COTTAGE sales between October 1999 and August 2024 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 November 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is WRENS COTTAGE?

WRENS COTTAGE is 88m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where WRENS COTTAGE lies on this distribution: 10% of detached houses are smaller than WRENS COTTAGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Langstone.

WRENS COTTAGE: Plot and Title Map

WRENS COTTAGE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of WRENS COTTAGE, 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 WRENS COTTAGE). 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 WRENS COTTAGE?

WRENS COTTAGE is located on TREGARN ROAD in LANGSTONE, in the NP18 postcode district. The below map shows the position of WRENS COTTAGE on TREGARN ROAD.