LAURELEA, LLANDEVAUD, NEWPORT, NP18 2AE - £525,000

LAURELEA is a small detached house of 117m², built sometime between 1983 and 1990. It was last sold for £525,000 in May 2023, which was around 31% above the average May 2023 detached price in the Newport local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

LAURELEA Sold Prices

Land registry data shows three sales for LAURELEA 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. Two of the three LAURELEA sales were for above the average price, whilst one was 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
2023 12 MAY	£525,000	£399,858	31% above HPI
2015 4 SEP	£265,000	£237,046	12% above HPI
1997 12 SEP	£45,000	£93,538	52% below HPI

LAURELEA 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 LAURELEA sales between September 1997 and May 2023 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 September 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2023 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is LAURELEA?

LAURELEA is 117m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Llandevaud, based on EPC data. The below chart shows the distribution of detached houses by size in Llandevaud, and where LAURELEA lies on this distribution: 36% of detached houses are smaller than LAURELEA, and 64% of houses are larger. Note that EPC data is not available for all properties in Llandevaud.

LAURELEA: Plot and Title Map

LAURELEA sits on a plot of roughly 0.191 of an acre, or 772m². The below map shows the location of LAURELEA, 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 LAURELEA). 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 LAURELEA?

LAURELEA is located in LLANDEVAUD, in the NP18 postcode district. The below map shows the position of LAURELEA in LLANDEVAUD.