26, MELBOURNE WAY, NEWPORT, NP20 3RF - £385,000

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

26 MELBOURNE WAY is a very large extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £385,000 in December 2021, which was around 5% above the average December 2021 detached price in the Newport local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

26 MELBOURNE WAY Sold Prices

Land registry data shows four sales for 26 MELBOURNE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. two of the four 26 MELBOURNE WAY sales were for above the average price, and four 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
2021 22 DEC	£385,000	£365,274	5% above HPI
2013 3 APR	£245,000	£214,967	14% above HPI
2000 14 APR	£97,500	£108,193	10% below HPI
1996 29 NOV	£77,000	£82,866	7% below HPI

26 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 four 26 MELBOURNE WAY sales between November 1996 and December 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 April 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 26 MELBOURNE WAY?

26 MELBOURNE WAY is 170m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 26 MELBOURNE WAY lies on this distribution: 90% of detached houses are smaller than 26 MELBOURNE WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Newport.

26 MELBOURNE WAY: Plot and Title Map

26 MELBOURNE WAY sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 26 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 26 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 26 MELBOURNE WAY?

26 MELBOURNE WAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 26 on MELBOURNE WAY.