14, CUTTER CLOSE, NEWPORT, NP19 7LN - £242,500

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

14 CUTTER CLOSE is a large detached house of 129m², built sometime between 1983 and 1990. It was last sold for £242,500 in August 2012, which was around 14% above the average August 2012 detached price in the Newport local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

14 CUTTER CLOSE Sold Prices

Land registry data shows two sales for 14 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. Both of the two 14 CUTTER 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
2012 1 AUG	£242,500	£213,081	14% above HPI
1998 19 JUN	£128,000	£92,538	38% above HPI

14 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 14 CUTTER CLOSE sales from June 1998 and August 2012 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 1998 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2012 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 14 CUTTER CLOSE be worth now?

14 CUTTER CLOSE might now be worth an estimated £439,492.

This is based on house price inflation of 81.2%, between August 2012 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 81.2% inflationary increase is applied to the most recent sale price for 14 CUTTER CLOSE of £242,500 on 1st August 2012. For the value to have increased from £242,500 to £439,492 over the eleven years and eight months to December 2024, the following assumptions must hold true:

• The value of 14 CUTTER CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The August 2012 sale price of £242,500 represented a fair market value for the property.
• The size, condition, and specification of 14 CUTTER CLOSE has not materially changed since August 2012.

How Large is 14 CUTTER CLOSE?

14 CUTTER CLOSE is 129m² according to the EPC inspection conducted in September 2011. This puts it in the largest 30% 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 14 CUTTER CLOSE lies on this distribution: 72% of detached houses houses are smaller than 14 CUTTER CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Newport.

14 CUTTER CLOSE: Plot and Title Map

14 CUTTER CLOSE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 14 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 14 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 14 CUTTER CLOSE?

14 CUTTER CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 14 on CUTTER CLOSE.