Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 NEWPORT AVENUE is a very large extended detached house of 161m², built sometime between 1900 and 1929. It was last sold for £250,000 in November 2013, which was around 4% above the average November 2013 detached price in the Melton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows three sales for 1 NEWPORT AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Two of the three 1 NEWPORT AVENUE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2013 29 NOV | £250,000 | £241,423 | 4% above HPI |
2006 21 JUL | £245,000 | £228,742 | 7% above HPI |
1996 22 NOV | £70,850 | £89,834 | 21% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 1 NEWPORT AVENUE sales between November 1996 and November 2013 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 July 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2013 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
1 NEWPORT AVENUE is 161m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 1 NEWPORT AVENUE lies on this distribution: 88% of detached houses are smaller than 1 NEWPORT AVENUE, and 12% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
1 NEWPORT AVENUE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 1 NEWPORT 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 NEWPORT 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.
1 NEWPORT AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 1 on NEWPORT AVENUE.