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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RED MAY COTTAGE is a midsized detached house of 116m², built sometime before 1900, which could now be worth an estimated £418,582. It was last sold for £330,000 in September 2019, which was around 7% 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	£308,373	7% above HPI
2014 26 SEP	£340,000	£227,023	50% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the September 2019 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might RED MAY COTTAGE be worth now?

RED MAY COTTAGE might now be worth an estimated £418,582.

This is based on house price inflation of 26.8%, between September 2019 and February 2025, for detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.8% inflationary increase is applied to the most recent sale price for RED MAY COTTAGE of £330,000 on 6th September 2019. For the value to have increased from £330,000 to £418,582 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of RED MAY COTTAGE has moved in line with the HPI for detached houses in the Newport local authority area.
• The September 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of RED MAY COTTAGE has not materially changed since September 2019.

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 houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langstone, and where RED MAY COTTAGE lies on this distribution: 41% of detached houses 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.