52, MELBOURNE WAY, NEWPORT, NP20 3RG - £343,500

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

52 MELBOURNE WAY is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £343,500 in August 2021, which was about the average August 2021 detached price in the Newport local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

52 MELBOURNE WAY Sold Prices

Land registry data shows four sales for 52 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. The four 52 MELBOURNE WAY sales were a mix of roughly equal to the average price, above the average price, and 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 25 AUG	£343,500	£344,523	Close to HPI
2019 18 OCT	£343,000	£312,080	10% above HPI
2017 28 APR	£230,000	£264,550	13% below HPI
1998 24 APR	£74,000	£91,937	20% below HPI

52 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 52 MELBOURNE WAY sales between April 1998 and August 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 October 2019 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 52 MELBOURNE WAY?

52 MELBOURNE WAY is 95m², which includes two extensions, according to the EPC inspection conducted in January 2017. 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 52 MELBOURNE WAY lies on this distribution: 26% of detached houses are smaller than 52 MELBOURNE WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Newport.

52 MELBOURNE WAY: Plot and Title Map

52 MELBOURNE WAY sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 52 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 52 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 52 MELBOURNE WAY?

52 MELBOURNE WAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 52 on MELBOURNE WAY.