MEADOW BANK, CHEPSTOW ROAD, LANGSTONE, NEWPORT, NP18 2JP - £325,000

MEADOW BANK is a small detached house of 101m², built sometime between 1930 and 1949. It was last sold for £325,000 in August 2014, which was around 40% above the average August 2014 detached price in the Newport local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

MEADOW BANK Sold Prices

Land registry data shows two sales for MEADOW BANK 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 MEADOW BANK 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
2014 15 AUG	£325,000	£232,772	40% above HPI
1998 15 DEC	£132,500	£94,631	40% above HPI

MEADOW BANK 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 MEADOW BANK sales from December 1998 and August 2014 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 December 1998 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2014 sale, which was also at 40% above the HPI.

How Large is MEADOW BANK?

MEADOW BANK is 101m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where MEADOW BANK lies on this distribution: 24% of detached houses are smaller than MEADOW BANK, and 76% of houses are larger. Note that EPC data is not available for all properties in Langstone.

MEADOW BANK: Plot and Title Map

MEADOW BANK sits on a plot of roughly 0.267 of an acre, or 1,080m². The below map shows the location of MEADOW BANK, 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 MEADOW BANK). 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 MEADOW BANK?

MEADOW BANK is located on CHEPSTOW ROAD in LANGSTONE, in the NP18 postcode district. The below map shows the position of MEADOW BANK on CHEPSTOW ROAD.