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 BLANCHE CLOSE is a very small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £74,000 in March 2001, which was around 36% below the average March 2001 detached price in the Newport local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 2 BLANCHE CLOSE since 1st 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. Both of the two 2 BLANCHE 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 |
---|---|---|---|
2001 23 MAR | £74,000 | £116,447 | 36% below HPI |
1995 24 AUG | £60,995 | £81,545 | 25% below HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The two 2 BLANCHE CLOSE sales from August 1995 and March 2001 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 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2001 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
2 BLANCHE CLOSE is 84m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 2 BLANCHE CLOSE lies on this distribution: 12% of detached houses are smaller than 2 BLANCHE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Newport.
2 BLANCHE CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 2 BLANCHE 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 BLANCHE 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.
2 BLANCHE CLOSE is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 2 on BLANCHE CLOSE.