12, PEARTREE CLOSE, CAERLEON, NEWPORT, NP18 3RL - £263,000

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 PEARTREE CLOSE is a very small extended detached house of 66m², built sometime between 1967 and 1975. It was last sold for £263,000 in June 2024, which was around 32% below the average June 2024 detached price in the Newport local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

12 PEARTREE CLOSE Sold Prices

Land registry data shows five sales for 12 PEARTREE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the five 12 PEARTREE 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
2024 11 JUN	£263,000	£389,527	32% below HPI
2016 31 MAR	£198,000	£240,493	18% below HPI
2007 19 APR	£199,995	£248,564	20% below HPI
2002 8 MAR	£118,000	£128,712	8% below HPI
1998 12 MAY	£72,000	£94,073	23% below HPI

12 PEARTREE 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 five 12 PEARTREE CLOSE sales between May 1998 and June 2024 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 March 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 12 PEARTREE CLOSE?

12 PEARTREE CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 12 PEARTREE CLOSE lies on this distribution: 3% of detached houses are smaller than 12 PEARTREE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

12 PEARTREE CLOSE: Plot and Title Map

12 PEARTREE CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 12 PEARTREE 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 PEARTREE 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 PEARTREE CLOSE?

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