THE LODGE, GLASLLWCH LANE, NEWPORT, NP20 3PR - £575,000

THE LODGE is a very large detached house of 195m², built sometime between 1976 and 1982. It was last sold for £575,000 in August 2021, which was around 60% above the average August 2021 detached price in the Newport local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

THE LODGE Sold Prices

Land registry data shows three sales for THE LODGE 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 LODGE 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
2021 6 AUG	£575,000	£358,770	60% above HPI
2020 25 SEP	£570,000	£326,193	75% above HPI
2012 16 NOV	£510,000	£221,084	131% above HPI

THE LODGE 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 LODGE sales between November 2012 and August 2021 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 September 2020 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the August 2021 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is THE LODGE?

THE LODGE is 195m² according to the EPC inspection conducted in June 2019. 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 LODGE lies on this distribution: 94% of detached houses are smaller than THE LODGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Newport.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.320 of an acre, or 1,296m². The below map shows the location of THE LODGE, 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 LODGE). 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 LODGE?

THE LODGE is located on GLASLLWCH LANE in NEWPORT, in the NP20 postcode district. The below map shows the position of THE LODGE on GLASLLWCH LANE.