42, MELBOURNE WAY, NEWPORT, NP20 3RF - £238,500

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

42 MELBOURNE WAY is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £238,500 in August 2006, which was around 1% below the average August 2006 detached price in the Newport local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

42 MELBOURNE WAY Sold Prices

Land registry data shows two sales for 42 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. Both of the two 42 MELBOURNE WAY 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
2006 4 AUG	£238,500	£240,780	1% below HPI
2005 3 JUN	£208,000	£224,285	7% below HPI

42 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 42 MELBOURNE WAY sales from June 2005 and August 2006 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 June 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2006 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 42 MELBOURNE WAY?

42 MELBOURNE WAY is 95m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 42 MELBOURNE WAY lies on this distribution: 26% of detached houses are smaller than 42 MELBOURNE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Newport.

42 MELBOURNE WAY: Plot and Title Map

42 MELBOURNE WAY sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 42 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 42 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 42 MELBOURNE WAY?

42 MELBOURNE WAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 42 on MELBOURNE WAY.