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
15 CUTTER CLOSE is a small detached house of 93m², built sometime between 1983 and 1990. It was last sold for £277,500 in December 2019, which was around 11% below the average December 2019 detached price in the Newport local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 15 CUTTER CLOSE since 1st 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. Two of the three 15 CUTTER CLOSE sales were for below the average price, whilst one 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 |
---|---|---|---|
2019 12 DEC | £277,500 | £312,418 | 11% below HPI |
2006 27 OCT | £223,500 | £246,542 | 9% below HPI |
1998 25 JUN | £105,000 | £94,711 | 11% above HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The three 15 CUTTER CLOSE sales between June 1998 and December 2019 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 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
15 CUTTER CLOSE is 93m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 15 CUTTER CLOSE lies on this distribution: 24% of detached houses are smaller than 15 CUTTER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newport.
15 CUTTER CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 15 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 15 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.
15 CUTTER CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 15 on CUTTER CLOSE.