1, ELGAR AVENUE, NEWPORT, NP19 9ST - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 ELGAR AVENUE is a very small semi-detached house of 83m², built sometime between 1930 and 1949, which could now be worth an estimated £150,303. It was last sold for £120,000 in September 2020, which was around 37% below the average September 2020 semi-detached price in the Newport local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

1 ELGAR AVENUE Sold Prices

Land registry data shows three sales for 1 ELGAR AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. All of the three 1 ELGAR AVENUE sales were for below 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
2020 30 SEP	£120,000	£190,114	37% below HPI
2014 15 APR	£69,500	£131,322	47% below HPI
2000 25 SEP	£17,280	£59,076	71% below HPI

1 ELGAR AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The three 1 ELGAR AVENUE sales between September 2000 and September 2020 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 April 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 ELGAR AVENUE be worth now?

1 ELGAR AVENUE might now be worth an estimated £150,303.

This is based on house price inflation of 25.3%, between September 2020 and February 2025, for semi-detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.3% inflationary increase is applied to the most recent sale price for 1 ELGAR AVENUE of £120,000 on 30th September 2020. For the value to have increased from £120,000 to £150,303 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 ELGAR AVENUE has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The September 2020 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELGAR AVENUE has not materially changed since September 2020.

How Large is 1 ELGAR AVENUE?

1 ELGAR AVENUE is 83m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 1 ELGAR AVENUE lies on this distribution: 12% of semi-detached houses houses are smaller than 1 ELGAR AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Newport.

1 ELGAR AVENUE: Plot and Title Map

1 ELGAR AVENUE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 1 ELGAR AVENUE, 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 1 ELGAR AVENUE). 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 1 ELGAR AVENUE?

1 ELGAR AVENUE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 1 on ELGAR AVENUE.