18, RIDGEWAY CLOSE, NEWPORT, NP20 5DL - £218,000

18 RIDGEWAY CLOSE is a very small detached house of 78m². It was last sold for £218,000 in July 2016, which was around 14% below the average July 2016 detached price in the Newport local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

18 RIDGEWAY CLOSE Sold Prices

Land registry data shows three sales for 18 RIDGEWAY CLOSE 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 18 RIDGEWAY CLOSE 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 14 JUL	£218,000	£253,526	14% below HPI
2012 10 FEB	£193,000	£221,003	13% below HPI
2010 9 NOV	£185,000	£229,640	19% below HPI

18 RIDGEWAY CLOSE 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 18 RIDGEWAY CLOSE sales between November 2010 and July 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 February 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 RIDGEWAY CLOSE?

18 RIDGEWAY CLOSE is 78m² according to the EPC inspection conducted in March 2010. 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 18 RIDGEWAY CLOSE lies on this distribution: 8% of detached houses are smaller than 18 RIDGEWAY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Newport.

18 RIDGEWAY CLOSE: Plot and Title Map

18 RIDGEWAY CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 18 RIDGEWAY CLOSE, 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 18 RIDGEWAY CLOSE). 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 18 RIDGEWAY CLOSE?

18 RIDGEWAY CLOSE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 18 on RIDGEWAY CLOSE.