3, DRINKWATER RISE, NEWPORT, NP20 3GR - £126,000

3 DRINKWATER RISE is a very small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £126,000 in June 2011, which was around 43% below the average June 2011 detached price in the Newport local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

3 DRINKWATER RISE Sold Prices

Land registry data shows two sales for 3 DRINKWATER RISE 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 3 DRINKWATER RISE 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
2011 17 JUN	£126,000	£220,174	43% below HPI
2005 14 DEC	£85,000	£228,744	63% below HPI

3 DRINKWATER RISE 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 3 DRINKWATER RISE sales from December 2005 and June 2011 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 December 2005 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the June 2011 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 3 DRINKWATER RISE?

3 DRINKWATER RISE is 76m² according to the EPC inspection conducted in February 2011. 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 3 DRINKWATER RISE lies on this distribution: 7% of detached houses are smaller than 3 DRINKWATER RISE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newport.

3 DRINKWATER RISE: Plot and Title Map

3 DRINKWATER RISE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 DRINKWATER RISE, 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 3 DRINKWATER RISE). 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 3 DRINKWATER RISE?

3 DRINKWATER RISE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 3 on DRINKWATER RISE.