THE CEDARS, LODGE ROAD, CAERLEON, NEWPORT, NP18 3QX - £380,000

THE CEDARS is a large detached house of 161m², built sometime between 1967 and 1975. It was last sold for £380,000 in July 2016, which was around 50% above the average July 2016 detached price in the Newport local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

THE CEDARS Sold Prices

Land registry data shows three sales for THE CEDARS 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 THE CEDARS 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
2016 18 JUL	£380,000	£253,526	50% above HPI
2007 11 OCT	£380,000	£258,586	47% above HPI
2001 30 MAY	£142,950	£118,102	21% above HPI

THE CEDARS 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 THE CEDARS sales between May 2001 and July 2016 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 October 2007 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 2016 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is THE CEDARS?

THE CEDARS is 161m² according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where THE CEDARS lies on this distribution: 77% of detached houses are smaller than THE CEDARS, and 23% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

THE CEDARS: Plot and Title Map

THE CEDARS sits on a plot of roughly 0.201 of an acre, or 813m². The below map shows the location of THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

THE CEDARS is located on LODGE ROAD in CAERLEON, in the NP18 postcode district. The below map shows the position of THE CEDARS on LODGE ROAD.