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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 5% 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	£236,234	5% below HPI
2007 24 AUG	£215,000	£255,542	16% below HPI
2001 12 OCT	£110,000	£120,409	9% below HPI
1998 27 APR	£106,995	£89,828	19% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 17 CUTTER CLOSE be worth now?

17 CUTTER CLOSE might now be worth an estimated £367,811.

This is based on house price inflation of 63.5%, between February 2016 and December 2024, for 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 63.5% inflationary increase is applied to the most recent sale price for 17 CUTTER CLOSE of £225,000 on 29th February 2016. For the value to have increased from £225,000 to £367,811 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 17 CUTTER CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The February 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CUTTER CLOSE has not materially changed since February 2016.

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 houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 17 CUTTER CLOSE lies on this distribution: 48% of detached houses 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.