11, REDWOOD CLOSE, CAERLEON, NEWPORT, NP18 3SD - £262,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 REDWOOD CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £311,824. It was last sold for £262,000 in June 2021, which was around 19% below the average June 2021 detached price in the Newport local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

11 REDWOOD CLOSE Sold Prices

Land registry data shows six sales for 11 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the six 11 REDWOOD CLOSE sales were 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
2021 30 JUN	£262,000	£324,471	19% below HPI
2015 2 APR	£167,500	£222,802	25% below HPI
2010 27 AUG	£147,500	£230,972	36% below HPI
2005 25 FEB	£149,950	£217,042	31% below HPI
2005 7 JAN	£155,000	£220,197	30% below HPI
1998 26 FEB	£65,000	£89,778	28% below HPI

11 REDWOOD 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 six 11 REDWOOD CLOSE sales between February 1998 and June 2021 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 April 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 11 REDWOOD CLOSE be worth now?

11 REDWOOD CLOSE might now be worth an estimated £311,824.

This is based on house price inflation of 19%, between June 2021 and December 2024, 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 19% inflationary increase is applied to the most recent sale price for 11 REDWOOD CLOSE of £262,000 on 30th June 2021. For the value to have increased from £262,000 to £311,824 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 11 REDWOOD CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The June 2021 sale price of £262,000 represented a fair market value for the property.
• The size, condition, and specification of 11 REDWOOD CLOSE has not materially changed since June 2021.

How Large is 11 REDWOOD CLOSE?

11 REDWOOD CLOSE is 71m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caerleon, and where 11 REDWOOD CLOSE lies on this distribution: 5% of detached houses houses are smaller than 11 REDWOOD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

11 REDWOOD CLOSE: Plot and Title Map

11 REDWOOD CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 11 REDWOOD 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 11 REDWOOD 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 11 REDWOOD CLOSE?

11 REDWOOD CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 11 on REDWOOD CLOSE.