38, RIDGEWAY PARK ROAD, NEWPORT, NP20 5DW - £154,000

38 RIDGEWAY PARK ROAD is a very small detached house of 64m², built sometime between 2003 and 2006. It was last sold for £154,000 in July 2011, which was around 30% below the average July 2011 detached price in the Newport local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

38 RIDGEWAY PARK ROAD Sold Prices

Land registry data shows two sales for 38 RIDGEWAY PARK ROAD 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 38 RIDGEWAY PARK ROAD 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 25 JUL	£154,000	£220,586	30% below HPI
2004 20 JUL	£114,500	£206,430	45% below HPI

38 RIDGEWAY PARK ROAD 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 38 RIDGEWAY PARK ROAD sales from July 2004 and July 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 July 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2011 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 RIDGEWAY PARK ROAD?

38 RIDGEWAY PARK ROAD is 64m² according to the EPC inspection conducted in July 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 38 RIDGEWAY PARK ROAD lies on this distribution: 3% of detached houses are smaller than 38 RIDGEWAY PARK ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Newport.

38 RIDGEWAY PARK ROAD: Plot and Title Map

38 RIDGEWAY PARK ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 38 RIDGEWAY PARK ROAD, 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 38 RIDGEWAY PARK ROAD). 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 38 RIDGEWAY PARK ROAD?

38 RIDGEWAY PARK ROAD is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 38 on RIDGEWAY PARK ROAD.