17, CUTTER CLOSE, NEWPORT, NP19 7LN - £225,000

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 CUTTER CLOSE is a midsized extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £225,000 in February 2016, which was around 7% below the average February 2016 detached price in the Newport local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

17 CUTTER CLOSE Sold Prices

Land registry data shows four sales for 17 CUTTER CLOSE since 1^st 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 CUTTER 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
2016 29 FEB	£225,000	£241,781	7% below HPI
2007 24 AUG	£215,000	£261,542	18% below HPI
2001 12 OCT	£110,000	£123,236	11% below HPI
1998 27 APR	£106,995	£91,937	16% above HPI

17 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 four 17 CUTTER CLOSE sales between April 1998 and February 2016 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 August 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2016 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 17 CUTTER CLOSE?

17 CUTTER CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% 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 CUTTER CLOSE lies on this distribution: 48% of detached houses are smaller than 17 CUTTER CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Newport.

17 CUTTER CLOSE: Plot and Title Map

17 CUTTER CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 17 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 17 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 17 CUTTER CLOSE?

17 CUTTER CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 17 on CUTTER CLOSE.