11, SPENCER WAY, NEWPORT, NP19 4BB - £275,000

11 SPENCER WAY is a very small detached house of 87m². It was last sold for £275,000 in November 2021, which was around 27% below the average November 2021 detached price in the Newport local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

11 SPENCER WAY Sold Prices

Land registry data shows two sales for 11 SPENCER WAY 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 11 SPENCER WAY 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
2021 9 NOV	£275,000	£379,239	27% below HPI
2016 27 MAY	£197,500	£246,879	20% below HPI

11 SPENCER WAY 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 11 SPENCER WAY sales from May 2016 and November 2021 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 11 SPENCER WAY?

11 SPENCER WAY is 87m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 11 SPENCER WAY lies on this distribution: 15% of detached houses are smaller than 11 SPENCER WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Newport.

11 SPENCER WAY: Plot and Title Map

11 SPENCER WAY sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 11 SPENCER WAY, 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 11 SPENCER WAY). 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 11 SPENCER WAY?

11 SPENCER WAY is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 11 on SPENCER WAY.