RED MAY COTTAGE, OLD LANGSTONE COURT ROAD, LANGSTONE, NEWPORT, NP18 2NF - £330,000

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

RED MAY COTTAGE is a midsized detached house of 116m², built sometime before 1900. It was last sold for £330,000 in September 2019, which was around 5% above the average September 2019 detached price in the Newport local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

RED MAY COTTAGE Sold Prices

Land registry data shows two sales for RED MAY 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 Newport local authority area for the corresponding sale date. Both of the two RED MAY 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
2019 6 SEP	£330,000	£315,613	5% above HPI
2014 26 SEP	£340,000	£232,353	46% above HPI

RED MAY COTTAGE 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 RED MAY COTTAGE sales from September 2014 and September 2019 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 September 2014 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the September 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is RED MAY COTTAGE?

RED MAY COTTAGE is 116m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 RED MAY COTTAGE lies on this distribution: 41% of detached houses are smaller than RED MAY COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Langstone.

RED MAY COTTAGE: Plot and Title Map

RED MAY COTTAGE sits on a plot of roughly 0.210 of an acre, or 848m². The below map shows the location of RED MAY 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 RED MAY 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 RED MAY COTTAGE?

RED MAY COTTAGE is located on OLD LANGSTONE COURT ROAD in LANGSTONE, in the NP18 postcode district. The below map shows the position of RED MAY COTTAGE on OLD LANGSTONE COURT ROAD.