16, LARKFIELD CLOSE, CAERLEON, NEWPORT, NP18 3EX - £299,995

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.

16 LARKFIELD CLOSE is a midsized semi-detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £311,995. It was last sold for £299,995 in September 2022, which was around 31% above the average September 2022 semi-detached price in the Newport local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

16 LARKFIELD CLOSE Sold Prices

Land registry data shows three sales for 16 LARKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Two of the three 16 LARKFIELD CLOSE sales were for above the average price, whilst one was 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
2022 2 SEP	£299,995	£228,963	31% above HPI
2018 27 NOV	£210,000	£179,609	17% above HPI
2016 10 JUN	£133,000	£147,662	10% below HPI

16 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 three 16 LARKFIELD CLOSE sales between June 2016 and September 2022 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 November 2018 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2022 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 16 LARKFIELD CLOSE be worth now?

16 LARKFIELD CLOSE might now be worth an estimated £311,995.

This is based on house price inflation of 4%, between September 2022 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 4% inflationary increase is applied to the most recent sale price for 16 LARKFIELD CLOSE of £299,995 on 2nd September 2022. For the value to have increased from £299,995 to £311,995 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 LARKFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The September 2022 sale price of £299,995 represented a fair market value for the property.
• The size, condition, and specification of 16 LARKFIELD CLOSE has not materially changed since September 2022.

How Large is 16 LARKFIELD CLOSE?

16 LARKFIELD CLOSE is 117m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% 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 16 LARKFIELD CLOSE lies on this distribution: 47% of semi-detached houses houses are smaller than 16 LARKFIELD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

16 LARKFIELD CLOSE: Plot and Title Map

16 LARKFIELD CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 16 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 16 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 16 LARKFIELD CLOSE?

16 LARKFIELD CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 16 on LARKFIELD CLOSE.