BROOKMEAD, FORD FARM LANE, LANGSTONE, NEWPORT, NP18 2JH - £495,000

BROOKMEAD is a very large detached house of 266m², built sometime between 1996 and 2002. It was last sold for £495,000 in October 2013, which was around 125% above the average October 2013 detached price in the Newport local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was C.

BROOKMEAD Sold Prices

Land registry data shows three sales for BROOKMEAD 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 BROOKMEAD 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
2013 30 OCT	£495,000	£219,554	125% above HPI
2004 20 MAY	£410,000	£199,903	105% above HPI
2003 17 OCT	£363,000	£185,188	96% above HPI

BROOKMEAD 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 BROOKMEAD sales between October 2003 and October 2013 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 May 2004 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the October 2013 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

How Large is BROOKMEAD?

BROOKMEAD is 266m² according to the EPC inspection conducted in November 2012. This puts it in the largest 10% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where BROOKMEAD lies on this distribution: 97% of detached houses are smaller than BROOKMEAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Langstone.

BROOKMEAD: Plot and Title Map

BROOKMEAD sits on a plot of roughly 0.280 of an acre, or 1,133m². The below map shows the location of BROOKMEAD, 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 BROOKMEAD). 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 BROOKMEAD?

BROOKMEAD is located on FORD FARM LANE in LANGSTONE, in the NP18 postcode district. The below map shows the position of BROOKMEAD on FORD FARM LANE.