2, ABBOT CLOSE, CAERLEON, NEWPORT, NP18 3TA - £645,000

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

2 ABBOT CLOSE is a very large detached house of 357m². It was last sold for £645,000 in February 2023, which was around 63% above the average February 2023 detached price in the Newport local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

2 ABBOT CLOSE Sold Prices

Land registry data shows two sales for 2 ABBOT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newport local authority area for the corresponding sale date. One of the two 2 ABBOT CLOSE sales was for above the average price, whilst the other 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
2023 27 FEB	£645,000	£395,351	63% above HPI
2014 10 SEP	£150,000	£232,353	35% below HPI

2 ABBOT 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 two 2 ABBOT CLOSE sales from September 2014 and February 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 September 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2023 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 2 ABBOT CLOSE?

2 ABBOT CLOSE is 357m² according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 2 ABBOT CLOSE lies on this distribution: 99% of detached houses are smaller than 2 ABBOT CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

2 ABBOT CLOSE: Plot and Title Map

2 ABBOT CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 ABBOT 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 2 ABBOT 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 2 ABBOT CLOSE?

2 ABBOT CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 2 on ABBOT CLOSE.