5, RIDGEWAY CLOSE, NEWPORT, NP20 5DJ - £242,000

5 RIDGEWAY CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £242,000 in May 2017, which was around 9% below the average May 2017 detached price in the Newport local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

5 RIDGEWAY CLOSE Sold Prices

Land registry data shows three sales for 5 RIDGEWAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 5 RIDGEWAY CLOSE 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
2017 15 MAY	£242,000	£265,480	9% below HPI
2007 17 AUG	£230,000	£261,542	12% below HPI
2005 20 JUL	£85,000	£224,029	62% below HPI

5 RIDGEWAY CLOSE 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 three 5 RIDGEWAY CLOSE sales between July 2005 and May 2017 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 August 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 RIDGEWAY CLOSE?

5 RIDGEWAY CLOSE is 71m² according to the EPC inspection conducted in February 2017. 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 5 RIDGEWAY CLOSE lies on this distribution: 5% of detached houses are smaller than 5 RIDGEWAY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newport.

5 RIDGEWAY CLOSE: Plot and Title Map

5 RIDGEWAY CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 5 RIDGEWAY CLOSE, 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 5 RIDGEWAY CLOSE). 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 5 RIDGEWAY CLOSE?

5 RIDGEWAY CLOSE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 5 on RIDGEWAY CLOSE.