MOLARIS, LLANDEVAUD, NEWPORT, NP18 2AG - £545,000

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.

MOLARIS is a very large detached house of 218m², built sometime between 1976 and 1982, which could now be worth an estimated £642,036. It was last sold for £545,000 in December 2020, which was around 66% above the average December 2020 detached price in the Newport local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

MOLARIS Sold Prices

Land registry data shows two sales for MOLARIS 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 MOLARIS 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
2020 9 DEC	£545,000	£327,980	66% above HPI
2012 12 JUL	£390,500	£208,735	87% above HPI

MOLARIS 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 MOLARIS sales from July 2012 and December 2020 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 July 2012 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the December 2020 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might MOLARIS be worth now?

MOLARIS might now be worth an estimated £642,036.

This is based on house price inflation of 17.8%, between December 2020 and June 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 17.8% inflationary increase is applied to the most recent sale price for MOLARIS of £545,000 on 9th December 2020. For the value to have increased from £545,000 to £642,036 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of MOLARIS has moved in line with the HPI for detached houses in the Newport local authority area.
• The December 2020 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of MOLARIS has not materially changed since December 2020.

How Large is MOLARIS?

MOLARIS is 218m² according to the EPC inspection conducted in August 2011. This puts it in the largest 20% of detached houses houses in Llandevaud, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llandevaud, and where MOLARIS lies on this distribution: 88% of detached houses houses are smaller than MOLARIS, and 12% of houses are larger. Note that EPC data is not available for all properties in Llandevaud.

MOLARIS: Plot and Title Map

MOLARIS sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of MOLARIS, 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 MOLARIS). 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 MOLARIS?

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