2, USKVALE DRIVE, CAERLEON, NEWPORT, NP18 1NL - £262,000

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.

2 USKVALE DRIVE is a midsized extended semi-detached house of 126m², built sometime between 1900 and 1929, which could now be worth an estimated £424,458. It was last sold for £262,000 in May 2017, which was around 70% above the average May 2017 semi-detached price in the Newport local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

2 USKVALE DRIVE Sold Prices

Land registry data shows three sales for 2 USKVALE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. All of the three 2 USKVALE DRIVE sales were for above 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 12 MAY	£262,000	£154,373	70% above HPI
2007 16 FEB	£235,000	£149,229	57% above HPI
2001 6 APR	£79,950	£64,391	24% above HPI

2 USKVALE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The three 2 USKVALE DRIVE sales between April 2001 and May 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 February 2007 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the May 2017 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 2 USKVALE DRIVE be worth now?

2 USKVALE DRIVE might now be worth an estimated £424,458.

This is based on house price inflation of 62%, between May 2017 and May 2026, for semi-detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62% inflationary increase is applied to the most recent sale price for 2 USKVALE DRIVE of £262,000 on 12th May 2017. For the value to have increased from £262,000 to £424,458 over the nine years to May 2026, the following assumptions must hold true:

• The value of 2 USKVALE DRIVE has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The May 2017 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 2 USKVALE DRIVE has not materially changed since May 2017.

How Large is 2 USKVALE DRIVE?

2 USKVALE DRIVE is 126m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 50% of semi-detached houses houses in Caerleon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Caerleon, and where 2 USKVALE DRIVE lies on this distribution: 54% of semi-detached houses houses are smaller than 2 USKVALE DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

2 USKVALE DRIVE: Plot and Title Map

2 USKVALE DRIVE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 2 USKVALE DRIVE, 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 2 USKVALE DRIVE). 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 2 USKVALE DRIVE?

2 USKVALE DRIVE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 2 on USKVALE DRIVE.