MYRTLE COTTAGE, CAERLEON ROAD, PONTHIR, NEWPORT, NP18 1GZ - £440,000

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

MYRTLE COTTAGE is a very large extended detached house of 161m², built sometime between 1900 and 1929. It was last sold for £440,000 in September 2022, which was around 38% above the average September 2022 detached price in the Torfaen local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was B.

MYRTLE COTTAGE Sold Prices

Land registry data shows two sales for MYRTLE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. Both of the two MYRTLE COTTAGE 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 23 SEP	£440,000	£319,881	38% above HPI
2001 29 AUG	£180,000	£98,719	82% above HPI

MYRTLE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torfaen local authority area over time, sourced from the HPI. The two MYRTLE COTTAGE sales from August 2001 and September 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 August 2001 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the September 2022 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 161m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Ponthir, based on EPC data. The below chart shows the distribution of detached houses by size in Ponthir, and where MYRTLE COTTAGE lies on this distribution: 84% of detached houses are smaller than MYRTLE COTTAGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Ponthir.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of MYRTLE COTTAGE, 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 MYRTLE COTTAGE). 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on CAERLEON ROAD in PONTHIR, in the NP18 postcode district. The below map shows the position of MYRTLE COTTAGE on CAERLEON ROAD.