262, RINGLAND CIRCLE, NEWPORT, NP19 9PS - £137,250

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.

262 RINGLAND CIRCLE is a very small terraced house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £189,969. It was last sold for £137,250 in December 2019, which was around 1% below the average December 2019 terraced price in the Newport local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

262 RINGLAND CIRCLE Sold Prices

Land registry data shows two sales for 262 RINGLAND CIRCLE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Newport local authority area for the corresponding sale date. Both of the two 262 RINGLAND CIRCLE 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
2019 11 DEC	£137,250	£138,603	1% below HPI
2012 6 SEP	£84,000	£101,273	17% below HPI

262 RINGLAND CIRCLE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Newport local authority area over time, sourced from the HPI. The two 262 RINGLAND CIRCLE sales from September 2012 and December 2019 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 September 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 262 RINGLAND CIRCLE be worth now?

262 RINGLAND CIRCLE might now be worth an estimated £189,969.

This is based on house price inflation of 38.4%, between December 2019 and May 2026, for terraced 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 38.4% inflationary increase is applied to the most recent sale price for 262 RINGLAND CIRCLE of £137,250 on 11th December 2019. For the value to have increased from £137,250 to £189,969 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 262 RINGLAND CIRCLE has moved in line with the HPI for terraced houses in the Newport local authority area.
• The December 2019 sale price of £137,250 represented a fair market value for the property.
• The size, condition, and specification of 262 RINGLAND CIRCLE has not materially changed since December 2019.

How Large is 262 RINGLAND CIRCLE?

262 RINGLAND CIRCLE is 86m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% 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 262 RINGLAND CIRCLE lies on this distribution: 15% of terraced houses houses are smaller than 262 RINGLAND CIRCLE, and 84% of houses are larger. Note that EPC data is not available for all properties in Newport.

262 RINGLAND CIRCLE: Plot and Title Map

262 RINGLAND CIRCLE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 262 RINGLAND CIRCLE, 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 262 RINGLAND CIRCLE). 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 262 RINGLAND CIRCLE?

262 RINGLAND CIRCLE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 262 on RINGLAND CIRCLE.