54, FAIROAK AVENUE, NEWPORT, NP19 8FW - £126,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54 FAIROAK AVENUE is a midsized extended semi-detached house of 118m², built sometime between 1900 and 1929, which could now be worth an estimated £197,285. It was last sold for £126,000 in February 2017, which was around 17% below the average February 2017 semi-detached price in the Newport local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

54 FAIROAK AVENUE Sold Prices

Land registry data shows two sales for 54 FAIROAK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Both of the two 54 FAIROAK 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
2017 20 FEB	£126,000	£152,081	17% below HPI
2003 25 FEB	£50,000	£90,862	45% below HPI

54 FAIROAK AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The two 54 FAIROAK AVENUE sales from February 2003 and February 2017 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 February 2003 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 54 FAIROAK AVENUE be worth now?

54 FAIROAK AVENUE might now be worth an estimated £197,285.

This is based on house price inflation of 56.6%, between February 2017 and February 2025, for semi-detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.6% inflationary increase is applied to the most recent sale price for 54 FAIROAK AVENUE of £126,000 on 20th February 2017. For the value to have increased from £126,000 to £197,285 over the eight years to February 2025, the following assumptions must hold true:

• The value of 54 FAIROAK AVENUE has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The February 2017 sale price of £126,000 represented a fair market value for the property.
• The size, condition, and specification of 54 FAIROAK AVENUE has not materially changed since February 2017.

How Large is 54 FAIROAK AVENUE?

54 FAIROAK AVENUE is 118m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 54 FAIROAK AVENUE lies on this distribution: 55% of semi-detached houses houses are smaller than 54 FAIROAK AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Newport.

54 FAIROAK AVENUE: Plot and Title Map

54 FAIROAK AVENUE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 54 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 54 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 54 FAIROAK AVENUE?

54 FAIROAK AVENUE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 54 on FAIROAK AVENUE.