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

MOLARIS is a very large detached house of 218m², built sometime between 1976 and 1982. It was last sold for £545,000 in December 2020, which was around 62% 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	£335,681	62% above HPI
2012 12 JUL	£390,500	£213,636	83% 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 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the December 2020 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is MOLARIS?

MOLARIS is 218m² according to the EPC inspection conducted in August 2011. This puts it in the largest 10% of detached houses in Llandevaud, based on EPC data. The below chart shows the distribution of detached houses by size in Llandevaud, and where MOLARIS lies on this distribution: 91% of detached houses are smaller than MOLARIS, and 9% 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.