12, MILLER CLOSE, LANGSTONE, NEWPORT, NP18 2LE - £500,000

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 MILLER CLOSE is a large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £500,000 in June 2021, which was around 51% above the average June 2021 detached price in the Newport local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

12 MILLER CLOSE Sold Prices

Land registry data shows three sales for 12 MILLER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 12 MILLER CLOSE 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
2021 21 JUN	£500,000	£332,090	51% above HPI
2014 13 OCT	£320,000	£228,821	40% above HPI
2003 7 MAR	£215,000	£167,346	28% above HPI

12 MILLER 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 three 12 MILLER CLOSE sales between March 2003 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 October 2014 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the June 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 12 MILLER CLOSE?

12 MILLER CLOSE is 149m², which includes four extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of detached houses in Langstone, based on EPC data. The below chart shows the distribution of detached houses by size in Langstone, and where 12 MILLER CLOSE lies on this distribution: 69% of detached houses are smaller than 12 MILLER CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Langstone.

12 MILLER CLOSE: Plot and Title Map

12 MILLER CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 12 MILLER 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 MILLER 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 MILLER CLOSE?

12 MILLER CLOSE is located in LANGSTONE, in the NP18 postcode district. The below map shows the position of No. 12 on MILLER CLOSE.