1, WILL PHILLIPS YARD, NEWPORT, SA42 0TW - £227,500

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.

1 WILL PHILLIPS YARD is a very small terraced house of 80m², built in 2017, which could now be worth an estimated £327,539. It was last sold for £227,500 in November 2017, which was around 94% above the average November 2017 terraced price in the Pembrokeshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was A.

1 WILL PHILLIPS YARD Sold Prices

Land registry data shows two sales for 1 WILL PHILLIPS YARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Pembrokeshire local authority area for the corresponding sale date. One of the two 1 WILL PHILLIPS YARD 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
2017 1 NOV	£227,500	£117,271	94% above HPI
2015 2 OCT	£95,000	£111,633	15% below HPI

1 WILL PHILLIPS YARD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Pembrokeshire local authority area over time, sourced from the HPI. The two 1 WILL PHILLIPS YARD sales from October 2015 and November 2017 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 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2017 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 1 WILL PHILLIPS YARD be worth now?

1 WILL PHILLIPS YARD might now be worth an estimated £327,539.

This is based on house price inflation of 44%, between November 2017 and May 2026, for terraced houses, in the Pembrokeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44% inflationary increase is applied to the most recent sale price for 1 WILL PHILLIPS YARD of £227,500 on 1st November 2017. For the value to have increased from £227,500 to £327,539 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 1 WILL PHILLIPS YARD has moved in line with the HPI for terraced houses in the Pembrokeshire local authority area.
• The November 2017 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WILL PHILLIPS YARD has not materially changed since November 2017.

How Large is 1 WILL PHILLIPS YARD?

1 WILL PHILLIPS YARD is 80m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of terraced houses houses in Newport, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newport, and where 1 WILL PHILLIPS YARD lies on this distribution: 6% of terraced houses houses are smaller than 1 WILL PHILLIPS YARD, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

1 WILL PHILLIPS YARD: Plot and Title Map

1 WILL PHILLIPS YARD sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of 1 WILL PHILLIPS YARD, 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 WILL PHILLIPS YARD). 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 WILL PHILLIPS YARD?

1 WILL PHILLIPS YARD is located in NEWPORT, in the SA42 postcode district. The below map shows the position of No. 1 on WILL PHILLIPS YARD.