SPRINGFIELD, CAERLEON ROAD, PONTHIR, NEWPORT, NP18 1GZ - £600,000

SPRINGFIELD is a very large detached house of 257m², built sometime between 2003 and 2006. It was last sold for £600,000 in June 2014, which was around 201% above the average June 2014 detached price in the Torfaen local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

SPRINGFIELD Sold Prices

Land registry data shows two sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. Both of the two SPRINGFIELD 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 27 JUN	£600,000	£199,153	201% above HPI
1998 30 JAN	£114,950	£75,023	53% above HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torfaen local authority area over time, sourced from the HPI. The two SPRINGFIELD sales from January 1998 and June 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 January 1998 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2014 sale, where it rises to 201% above the HPI. The line then continues to track at 201% above the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 257m² according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Ponthir, based on EPC data. The below chart shows the distribution of detached houses by size in Ponthir, and where SPRINGFIELD lies on this distribution: 99% of detached houses are smaller than SPRINGFIELD, and 1% of houses are larger. Note that EPC data is not available for all properties in Ponthir.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.450 of an acre, or 1,819m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on CAERLEON ROAD in PONTHIR, in the NP18 postcode district. The below map shows the position of SPRINGFIELD on CAERLEON ROAD.