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
33 MORGRAIG AVENUE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £166,000 in January 2016, which was around 30% below the average January 2016 detached price in the Newport local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 33 MORGRAIG AVENUE since 1st 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 33 MORGRAIG AVENUE sales 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 |
---|---|---|---|
2016 11 JAN | £166,000 | £238,691 | 30% below HPI |
2007 9 NOV | £177,000 | £257,127 | 31% below HPI |
2003 31 OCT | £130,250 | £185,188 | 30% below HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The three 33 MORGRAIG AVENUE sales between October 2003 and January 2016 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 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2016 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
33 MORGRAIG AVENUE is 73m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 33 MORGRAIG AVENUE lies on this distribution: 6% of detached houses are smaller than 33 MORGRAIG AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Newport.
33 MORGRAIG AVENUE sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 33 MORGRAIG 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 33 MORGRAIG 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.
33 MORGRAIG AVENUE is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 33 on MORGRAIG AVENUE.