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

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

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 10% 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	£210,784	10% below HPI
1999 25 JUN	£134,000	£92,630	45% 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 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2011 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 12 CUTTER CLOSE be worth now?

12 CUTTER CLOSE might now be worth an estimated £348,097.

This is based on house price inflation of 83.2%, between May 2011 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 83.2% inflationary increase is applied to the most recent sale price for 12 CUTTER CLOSE of £190,000 on 25th May 2011. For the value to have increased from £190,000 to £348,097 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 12 CUTTER CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The May 2011 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CUTTER CLOSE has not materially changed since May 2011.

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 houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 12 CUTTER CLOSE lies on this distribution: 91% of detached houses 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.