18, MELBOURNE WAY, NEWPORT, NP20 3RE - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 MELBOURNE WAY is a very small semi-detached house of 86m², built sometime between 1950 and 1966. It was last sold for £275,000 in February 2021, which was around 38% above the average February 2021 semi-detached price in the Newport local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

18 MELBOURNE WAY Sold Prices

Land registry data shows two sales for 18 MELBOURNE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Both of the two 18 MELBOURNE WAY 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 18 FEB	£275,000	£198,876	38% above HPI
2007 30 MAR	£175,000	£147,553	19% above HPI

18 MELBOURNE WAY 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 two 18 MELBOURNE WAY sales from March 2007 and February 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 March 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 18 MELBOURNE WAY be worth now?

18 MELBOURNE WAY might now be worth an estimated £325,564.

This is based on house price inflation of 18.4%, between February 2021 and December 2024, 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 18.4% inflationary increase is applied to the most recent sale price for 18 MELBOURNE WAY of £275,000 on 18th February 2021. For the value to have increased from £275,000 to £325,564 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 18 MELBOURNE WAY has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The February 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MELBOURNE WAY has not materially changed since February 2021.

How Large is 18 MELBOURNE WAY?

18 MELBOURNE WAY is 86m² according to the EPC inspection conducted in October 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 18 MELBOURNE WAY lies on this distribution: 15% of semi-detached houses houses are smaller than 18 MELBOURNE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Newport.

18 MELBOURNE WAY: Plot and Title Map

18 MELBOURNE WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 18 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 18 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 18 MELBOURNE WAY?

18 MELBOURNE WAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 18 on MELBOURNE WAY.