3, SPRINGFIELD LANE, RHIWDERIN, NEWPORT, NP10 8QZ - £308,000

3 SPRINGFIELD LANE is a midsized detached house of 110m², built sometime between 1983 and 1990. It was last sold for £308,000 in February 2018, which was around 9% above the average February 2018 detached price in the Newport local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

3 SPRINGFIELD LANE Sold Prices

Land registry data shows two sales for 3 SPRINGFIELD LANE 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 SPRINGFIELD LANE 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
2018 2 FEB	£308,000	£281,977	9% above HPI
1996 26 APR	£95,000	£81,159	17% above HPI

3 SPRINGFIELD LANE 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 SPRINGFIELD LANE sales from April 1996 and February 2018 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 April 1996 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2018 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 3 SPRINGFIELD LANE?

3 SPRINGFIELD LANE is 110m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% 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 SPRINGFIELD LANE lies on this distribution: 44% of detached houses are smaller than 3 SPRINGFIELD LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Newport.

3 SPRINGFIELD LANE: Plot and Title Map

3 SPRINGFIELD LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 3 SPRINGFIELD LANE, 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 SPRINGFIELD LANE). 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 SPRINGFIELD LANE?

3 SPRINGFIELD LANE is located in RHIWDERIN, in the NP10 postcode district. The below map shows the position of No. 3 on SPRINGFIELD LANE.