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
17 CHICHESTER CLOSE is a very small extended detached house of 71m², built sometime between 2007 and 2011. It was last sold for £140,000 in July 2023, which was around 65% below the average July 2023 detached price in the Newport local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 17 CHICHESTER CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Most of the four 17 CHICHESTER 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 |
---|---|---|---|
2023 25 JUL | £140,000 | £395,343 | 65% below HPI |
2013 12 APR | £180,000 | £214,967 | 16% below HPI |
2007 29 JUN | £196,000 | £259,627 | 25% below HPI |
1997 31 JAN | £87,995 | £85,849 | 2% above HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The four 17 CHICHESTER CLOSE sales between January 1997 and July 2023 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 April 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2023 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.
17 CHICHESTER CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 17 CHICHESTER CLOSE lies on this distribution: 5% of detached houses are smaller than 17 CHICHESTER CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newport.
17 CHICHESTER CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 17 CHICHESTER 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 17 CHICHESTER 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.
17 CHICHESTER CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 17 on CHICHESTER CLOSE.