GREYSTONE, MILTON HILL, LLANWERN, NEWPORT, NP18 2DU - £580,000

GREYSTONE is a very large extended detached house of 243m², built sometime between 1976 and 1982. It was last sold for £580,000 in August 2021, which was around 62% above the average August 2021 detached price in the Newport local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

GREYSTONE Sold Prices

Land registry data shows five sales for GREYSTONE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the five GREYSTONE 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
2021 6 AUG	£580,000	£358,770	62% above HPI
2018 29 MAR	£560,000	£285,473	96% above HPI
2014 10 NOV	£312,000	£227,168	37% above HPI
2011 6 JUL	£300,000	£220,586	36% above HPI
2004 7 MAY	£307,500	£199,903	54% above HPI

GREYSTONE 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 five GREYSTONE sales between May 2004 and August 2021 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 March 2018 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the August 2021 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is GREYSTONE?

GREYSTONE is 243m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Llanwern, based on EPC data. The below chart shows the distribution of detached houses by size in Llanwern, and where GREYSTONE lies on this distribution: 93% of detached houses are smaller than GREYSTONE, and 7% of houses are larger. Note that EPC data is not available for all properties in Llanwern.

GREYSTONE: Plot and Title Map

GREYSTONE sits on a plot of roughly 0.215 of an acre, or 871m². The below map shows the location of GREYSTONE, 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 GREYSTONE). 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 GREYSTONE?

GREYSTONE is located on MILTON HILL in LLANWERN, in the NP18 postcode district. The below map shows the position of GREYSTONE on MILTON HILL.