79, MELBOURNE WAY, NEWPORT, NP20 3RH - £472,000

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

79 MELBOURNE WAY is a very large detached house of 175m², built sometime between 1967 and 1975. It was last sold for £472,000 in April 2021, which was around 42% above the average April 2021 detached price in the Newport local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

79 MELBOURNE WAY Sold Prices

Land registry data shows four sales for 79 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. All of the four 79 MELBOURNE WAY sales were for above 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 23 APR	£472,000	£332,982	42% above HPI
2019 18 DEC	£359,000	£312,418	15% above HPI
2006 3 FEB	£245,000	£225,108	9% above HPI
2000 8 DEC	£129,995	£115,882	12% above HPI

79 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 79 MELBOURNE WAY sales between December 2000 and April 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 December 2019 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2021 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 79 MELBOURNE WAY?

79 MELBOURNE WAY is 175m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 79 MELBOURNE WAY lies on this distribution: 91% of detached houses are smaller than 79 MELBOURNE WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Newport.

79 MELBOURNE WAY: Plot and Title Map

79 MELBOURNE WAY sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 79 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 79 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 79 MELBOURNE WAY?

79 MELBOURNE WAY is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 79 on MELBOURNE WAY.