15, LARKFIELD CLOSE, CAERLEON, NEWPORT, NP18 3EX - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 LARKFIELD CLOSE is a very small extended semi-detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £259,365. It was last sold for £165,000 in January 2017, which was around 9% above the average January 2017 semi-detached price in the Newport local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

15 LARKFIELD CLOSE Sold Prices

Land registry data shows two sales for 15 LARKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Both of the two 15 LARKFIELD 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
2017 13 JAN	£165,000	£151,486	9% above HPI
1997 14 MAR	£61,000	£51,265	19% above HPI

15 LARKFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The two 15 LARKFIELD CLOSE sales from March 1997 and January 2017 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 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 15 LARKFIELD CLOSE be worth now?

15 LARKFIELD CLOSE might now be worth an estimated £259,365.

This is based on house price inflation of 57.2%, between January 2017 and February 2025, for semi-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 57.2% inflationary increase is applied to the most recent sale price for 15 LARKFIELD CLOSE of £165,000 on 13th January 2017. For the value to have increased from £165,000 to £259,365 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 LARKFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The January 2017 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LARKFIELD CLOSE has not materially changed since January 2017.

How Large is 15 LARKFIELD CLOSE?

15 LARKFIELD CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of semi-detached houses houses in Caerleon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Caerleon, and where 15 LARKFIELD CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 15 LARKFIELD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

15 LARKFIELD CLOSE: Plot and Title Map

15 LARKFIELD CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 15 LARKFIELD 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 LARKFIELD 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 15 LARKFIELD CLOSE?

15 LARKFIELD CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 15 on LARKFIELD CLOSE.