MERRY MEET, MILTON HILL, LLANWERN, NEWPORT, NP18 2DU - £274,000

MERRY MEET is a midsized detached house of 131m², built sometime between 1950 and 1966. It was last sold for £274,000 in November 2015, which was around 14% above the average November 2015 detached price in the Newport local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

MERRY MEET Sold Prices

Land registry data shows two sales for MERRY MEET 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 MERRY MEET 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
2015 16 NOV	£274,000	£239,669	14% above HPI
1995 23 JUN	£95,000	£80,545	18% above HPI

MERRY MEET 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 MERRY MEET sales from June 1995 and November 2015 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 June 1995 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is MERRY MEET?

MERRY MEET is 131m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses in Llanwern, based on EPC data. The below chart shows the distribution of detached houses by size in Llanwern, and where MERRY MEET lies on this distribution: 55% of detached houses are smaller than MERRY MEET, and 45% of houses are larger. Note that EPC data is not available for all properties in Llanwern.

MERRY MEET: Plot and Title Map

MERRY MEET sits on a plot of roughly 0.328 of an acre, or 1,327m². The below map shows the location of MERRY MEET, 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 MERRY MEET). 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 MERRY MEET?

MERRY MEET is located on MILTON HILL in LLANWERN, in the NP18 postcode district. The below map shows the position of MERRY MEET on MILTON HILL.