LITTLE ACRE, MAGOR ROAD, LANGSTONE, NEWPORT, NP18 2JX - £630,000

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

LITTLE ACRE is a midsized extended detached house of 126m², built sometime between 1900 and 1929. It was last sold for £630,000 in November 2022, which was around 61% above the average November 2022 detached price in the Newport local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

LITTLE ACRE Sold Prices

Land registry data shows two sales for LITTLE ACRE 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 LITTLE ACRE 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
2022 11 NOV	£630,000	£392,491	61% above HPI
2014 30 JAN	£287,000	£216,135	33% above HPI

LITTLE ACRE 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 LITTLE ACRE sales from January 2014 and November 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 January 2014 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the November 2022 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is LITTLE ACRE?

LITTLE ACRE is 126m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 50% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where LITTLE ACRE lies on this distribution: 49% of detached houses are smaller than LITTLE ACRE, and 50% of houses are larger. Note that EPC data is not available for all properties in Langstone.

LITTLE ACRE: Plot and Title Map

LITTLE ACRE sits on a plot of roughly 0.477 of an acre, or 1,931m². The below map shows the location of LITTLE ACRE, 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 LITTLE ACRE). 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 LITTLE ACRE?

LITTLE ACRE is located on MAGOR ROAD in LANGSTONE, in the NP18 postcode district. The below map shows the position of LITTLE ACRE on MAGOR ROAD.