3, LANCERS WAY, NEWPORT, NP10 8HN - £169,500

3 LANCERS WAY is a small extended detached house of 92m², built sometime between 2003 and 2006. It was last sold for £169,500 in August 2009, which was around 22% below the average August 2009 detached price in the Newport local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

3 LANCERS WAY Sold Prices

Land registry data shows two sales for 3 LANCERS WAY 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 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
2009 14 AUG	£169,500	£217,226	22% below HPI
2001 14 DEC	£108,950	£126,647	14% below HPI

3 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 two 3 LANCERS WAY sales from December 2001 and August 2009 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 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2009 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 LANCERS WAY?

3 LANCERS WAY is 92m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% 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 LANCERS WAY lies on this distribution: 22% of detached houses are smaller than 3 LANCERS WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Newport.

3 LANCERS WAY: Plot and Title Map

3 LANCERS WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 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 3 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 3 LANCERS WAY?

3 LANCERS WAY is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 3 on LANCERS WAY.