578, MALPAS ROAD, NEWPORT, NP20 6QA - £325,000

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

578 MALPAS ROAD is a small detached house of 97m², built sometime between 1930 and 1949. It was last sold for £325,000 in September 2022, which was around 15% below the average September 2022 detached price in the Newport local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

578 MALPAS ROAD Sold Prices

Land registry data shows two sales for 578 MALPAS ROAD 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 578 MALPAS ROAD 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
2022 15 SEP	£325,000	£384,418	15% below HPI
2009 4 DEC	£170,000	£214,147	21% below HPI

578 MALPAS ROAD 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 578 MALPAS ROAD sales from December 2009 and September 2022 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 December 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 578 MALPAS ROAD?

578 MALPAS ROAD is 97m² according to the EPC inspection conducted in June 2022. 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 578 MALPAS ROAD lies on this distribution: 27% of detached houses are smaller than 578 MALPAS ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Newport.

578 MALPAS ROAD: Plot and Title Map

578 MALPAS ROAD sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 578 MALPAS ROAD, 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 578 MALPAS ROAD). 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 578 MALPAS ROAD?

578 MALPAS ROAD is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 578 on MALPAS ROAD.