24, FAIROAK AVENUE, NEWPORT, NP19 8FX - £360,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

24 FAIROAK AVENUE is a very large extended detached house of 252m², built sometime before 1900. It was last sold for £360,000 in September 2021, which was around 4% above the average September 2021 detached price in the Newport local authority area. The most recent EPC inspection was December 2020, where the current energy rating was E, and the potential energy rating was C.

24 FAIROAK AVENUE Sold Prices

Land registry data shows three sales for 24 FAIROAK AVENUE 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 24 FAIROAK AVENUE 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 23 SEP	£360,000	£347,353	4% above HPI
2013 20 SEP	£249,950	£220,726	13% above HPI
2001 28 JUN	£160,000	£120,383	33% above HPI

24 FAIROAK AVENUE 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 24 FAIROAK AVENUE sales between June 2001 and September 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 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 24 FAIROAK AVENUE?

24 FAIROAK AVENUE is 252m², which includes one extension, according to the EPC inspection conducted in December 2020. 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 24 FAIROAK AVENUE lies on this distribution: 98% of detached houses are smaller than 24 FAIROAK AVENUE, and 2% of houses are larger. Note that EPC data is not available for all properties in Newport.

24 FAIROAK AVENUE: Plot and Title Map

24 FAIROAK AVENUE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 24 FAIROAK 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 24 FAIROAK 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 24 FAIROAK AVENUE?

24 FAIROAK AVENUE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 24 on FAIROAK AVENUE.