12, CUTTER CLOSE, NEWPORT, NP19 7LN - £190,000

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

12 CUTTER CLOSE is a very large detached house of 176m², built sometime between 1996 and 2002. It was last sold for £190,000 in May 2011, which was around 12% below the average May 2011 detached price in the Newport local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

12 CUTTER CLOSE Sold Prices

Land registry data shows two sales for 12 CUTTER 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 12 CUTTER CLOSE sales was for below the average price, whilst the other was 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
2011 25 MAY	£190,000	£215,734	12% below HPI
1999 25 JUN	£134,000	£94,805	41% above HPI

12 CUTTER 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 12 CUTTER CLOSE sales from June 1999 and May 2011 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 1999 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 12 CUTTER CLOSE?

12 CUTTER CLOSE is 176m² according to the EPC inspection conducted in January 2011. This puts it in the largest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 12 CUTTER CLOSE lies on this distribution: 91% of detached houses are smaller than 12 CUTTER CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Newport.

12 CUTTER CLOSE: Plot and Title Map

12 CUTTER CLOSE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 12 CUTTER 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 12 CUTTER 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 12 CUTTER CLOSE?

12 CUTTER CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 12 on CUTTER CLOSE.