1, CHERRY TREE CLOSE, CAERLEON, NEWPORT, NP18 1LJ - £335,000

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

1 CHERRY TREE CLOSE is a midsized detached house of 130m², built sometime between 1950 and 1966. It was last sold for £335,000 in November 2020, which was around 1% above the average November 2020 detached price in the Newport local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

1 CHERRY TREE CLOSE Sold Prices

Land registry data shows two sales for 1 CHERRY TREE CLOSE 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. One of the two 1 CHERRY TREE CLOSE sales was for above the average price, whilst the other was for below 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 18 NOV	£335,000	£330,975	1% above HPI
1997 12 NOV	£60,000	£95,631	37% below HPI

1 CHERRY TREE CLOSE 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 1 CHERRY TREE CLOSE sales from November 1997 and November 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 November 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1 CHERRY TREE CLOSE?

1 CHERRY TREE CLOSE is 130m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 1 CHERRY TREE CLOSE lies on this distribution: 59% of detached houses are smaller than 1 CHERRY TREE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

1 CHERRY TREE CLOSE: Plot and Title Map

1 CHERRY TREE CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 1 CHERRY TREE CLOSE, 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 1 CHERRY TREE CLOSE). 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 1 CHERRY TREE CLOSE?

1 CHERRY TREE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 1 on CHERRY TREE CLOSE.