MERLDON BUNGALOW, LLANDEVAUD, NEWPORT, NP18 2AF - £448,000

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

MERLDON BUNGALOW is a very small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £448,000 in December 2023, which was around 15% above the average December 2023 detached price in the Newport local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

MERLDON BUNGALOW Sold Prices

Land registry data shows three sales for MERLDON BUNGALOW 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. All of the three MERLDON BUNGALOW 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
2023 18 DEC	£448,000	£389,360	15% above HPI
2014 10 OCT	£282,500	£228,821	23% above HPI
2006 10 OCT	£249,950	£246,542	1% above HPI

MERLDON BUNGALOW 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 MERLDON BUNGALOW sales between October 2006 and December 2023 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 October 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is MERLDON BUNGALOW?

MERLDON BUNGALOW is 102m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Llandevaud, based on EPC data. The below chart shows the distribution of detached houses by size in Llandevaud, and where MERLDON BUNGALOW lies on this distribution: 18% of detached houses are smaller than MERLDON BUNGALOW, and 79% of houses are larger. Note that EPC data is not available for all properties in Llandevaud.

MERLDON BUNGALOW: Plot and Title Map

MERLDON BUNGALOW sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of MERLDON BUNGALOW, 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 MERLDON BUNGALOW). 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 MERLDON BUNGALOW?

MERLDON BUNGALOW is located in LLANDEVAUD, in the NP18 postcode district. The below map shows the position of MERLDON BUNGALOW in LLANDEVAUD.