1, THE BRADES, CAERLEON, NEWPORT, NP18 3PS - £225,000

1 THE BRADES is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £225,000 in April 2019, which was around 28% below the average April 2019 detached price in the Newport local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

1 THE BRADES Sold Prices

Land registry data shows two sales for 1 THE BRADES 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 1 THE BRADES 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
2019 12 APR	£225,000	£311,348	28% below HPI
1995 17 AUG	£60,000	£81,545	26% below HPI

1 THE BRADES 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 1 THE BRADES sales from August 1995 and April 2019 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 August 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 THE BRADES?

1 THE BRADES is 79m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 1 THE BRADES lies on this distribution: 10% of detached houses are smaller than 1 THE BRADES, and 90% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

1 THE BRADES: Plot and Title Map

1 THE BRADES sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 1 THE BRADES, 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 1 THE BRADES). 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 1 THE BRADES?

1 THE BRADES is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 1 on THE BRADES.