THE GABLES, LODGE HILL, CAERLEON, NEWPORT, NP18 3BX - £338,000

THE GABLES is a large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £338,000 in October 2014, which was around 48% above the average October 2014 detached price in the Newport local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was D.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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 THE GABLES 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 17 OCT	£338,000	£228,821	48% above HPI
1999 26 OCT	£142,000	£97,979	45% above HPI

THE GABLES 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 THE GABLES sales from October 1999 and October 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 October 1999 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2014 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is THE GABLES?

THE GABLES is 162m², which includes two extensions, according to the EPC inspection conducted in August 2014. 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 GABLES lies on this distribution: 77% of detached houses are smaller than THE GABLES, and 22% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

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