Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
586 MALPAS ROAD is a very large extended detached house of 156m², built sometime before 1900. It was last sold for £210,000 in September 2017, which was around 23% below the average September 2017 detached price in the Newport local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows three sales for 586 MALPAS ROAD 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 586 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 |
---|---|---|---|
2017 27 SEP | £210,000 | £271,975 | 23% below HPI |
2011 28 APR | £153,000 | £214,190 | 29% below HPI |
1998 31 MAR | £87,750 | £92,563 | 5% 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 586 MALPAS ROAD sales between March 1998 and September 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 April 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
586 MALPAS ROAD is 156m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 586 MALPAS ROAD lies on this distribution: 86% of detached houses are smaller than 586 MALPAS ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Newport.
586 MALPAS ROAD sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 586 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 586 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.
586 MALPAS ROAD is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 586 on MALPAS ROAD.