12, LANCERS WAY, NEWPORT, NP10 8HN - £167,500

12 LANCERS WAY is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £167,500 in August 2016, which was around 34% below the average August 2016 detached price in the Newport local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

12 LANCERS WAY Sold Prices

Land registry data shows four sales for 12 LANCERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the four 12 LANCERS 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
2016 19 AUG	£167,500	£254,723	34% below HPI
2010 26 MAY	£160,000	£227,981	30% below HPI
2003 10 NOV	£129,950	£189,635	31% below HPI
2001 16 NOV	£93,950	£124,645	25% below HPI

12 LANCERS 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 four 12 LANCERS WAY sales between November 2001 and August 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 May 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 12 LANCERS WAY?

12 LANCERS WAY is 79m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 12 LANCERS WAY lies on this distribution: 8% of detached houses are smaller than 12 LANCERS WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Newport.

12 LANCERS WAY: Plot and Title Map

12 LANCERS WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 12 LANCERS 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 12 LANCERS 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 12 LANCERS WAY?

12 LANCERS WAY is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 12 on LANCERS WAY.