8, MORGRAIG AVENUE, NEWPORT, NP10 8UP - £205,000

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

8 MORGRAIG AVENUE is a small detached house of 106m², built sometime between 1991 and 1995. It was last sold for £205,000 in May 2016, which was around 17% below the average May 2016 detached price in the Newport local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

8 MORGRAIG AVENUE Sold Prices

Land registry data shows three sales for 8 MORGRAIG AVENUE since 1^st 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. Two of the three 8 MORGRAIG AVENUE sales were for below the average price, whilst one was 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
2016 13 MAY	£205,000	£246,879	17% below HPI
2001 9 MAY	£110,000	£118,102	7% below HPI
1998 31 JUL	£115,000	£94,046	22% above HPI

8 MORGRAIG AVENUE 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 three 8 MORGRAIG AVENUE sales between July 1998 and May 2016 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 May 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 MORGRAIG AVENUE?

8 MORGRAIG AVENUE is 106m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 8 MORGRAIG AVENUE lies on this distribution: 36% of detached houses are smaller than 8 MORGRAIG AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Newport.

8 MORGRAIG AVENUE: Plot and Title Map

8 MORGRAIG AVENUE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 8 MORGRAIG 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 8 MORGRAIG 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 8 MORGRAIG AVENUE?

8 MORGRAIG AVENUE is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 8 on MORGRAIG AVENUE.