THE LEA, ROYAL OAK HILL, CHRISTCHURCH, NEWPORT, NP18 1JF - £688,000

THE LEA is a very large detached house of 353m², built sometime from 2007 onwards. It was last sold for £688,000 in November 2012, which was around 211% above the average November 2012 detached price in the Newport local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

THE LEA Sold Prices

Land registry data shows two sales for THE LEA 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 LEA 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
2012 29 NOV	£688,000	£221,084	211% above HPI
2011 4 NOV	£750,000	£214,342	250% above HPI

THE LEA 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 LEA sales from November 2011 and November 2012 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 November 2011 sale was for 250% above the HPI. So the extrapolation line tracks at 250% above the HPI over time, until the November 2012 sale, where it falls to 211% above the HPI. The line then continues to track at 211% above the HPI.

How Large is THE LEA?

THE LEA is 353m² according to the EPC inspection conducted in January 2012. This puts it in the largest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where THE LEA lies on this distribution: More than 99% of detached houses are smaller than THE LEA, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Newport.

THE LEA: Plot and Title Map

THE LEA sits on a plot of roughly 0.557 of an acre, or 2,252m². The below map shows the location of THE LEA, 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 LEA). 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 LEA?

THE LEA is located on ROYAL OAK HILL in CHRISTCHURCH, in the NP18 postcode district. The below map shows the position of THE LEA on ROYAL OAK HILL.