17, MELBOURNE WAY, NEWPORT, NP20 3RF - £249,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17 MELBOURNE WAY is a very large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £249,950 in March 2011, which was around 18% above the average March 2011 detached price in the Newport local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

17 MELBOURNE WAY Sold Prices

Land registry data shows two sales for 17 MELBOURNE WAY 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. One of the two 17 MELBOURNE WAY sales was for above the average price, whilst the other 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
2011 4 MAR	£249,950	£212,329	18% above HPI
1998 5 NOV	£95,000	£96,324	1% below HPI

17 MELBOURNE WAY 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 17 MELBOURNE WAY sales from November 1998 and March 2011 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 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2011 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 17 MELBOURNE WAY?

17 MELBOURNE WAY is 172m², which includes one extension, according to the EPC inspection conducted in September 2009. 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 17 MELBOURNE WAY lies on this distribution: 90% of detached houses are smaller than 17 MELBOURNE WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Newport.

17 MELBOURNE WAY: Plot and Title Map

17 MELBOURNE WAY sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 17 MELBOURNE WAY, 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 17 MELBOURNE WAY). 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 17 MELBOURNE WAY?

17 MELBOURNE WAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 17 on MELBOURNE WAY.