2, BOX TREE CLOSE, CAERLEON, NEWPORT, NP18 3RJ - £315,000

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 BOX TREE CLOSE is a small detached house of 106m², built sometime between 2003 and 2006. It was last sold for £315,000 in June 2021, which was around 5% below the average June 2021 detached price in the Newport local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

2 BOX TREE CLOSE Sold Prices

Land registry data shows two sales for 2 BOX TREE 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. Both of the two 2 BOX TREE 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
2021 10 JUN	£315,000	£332,090	5% below HPI
2003 31 JUL	£159,950	£172,972	8% below HPI

2 BOX TREE 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 BOX TREE CLOSE sales from July 2003 and June 2021 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 July 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 BOX TREE CLOSE?

2 BOX TREE CLOSE is 106m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% 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 BOX TREE CLOSE lies on this distribution: 34% of detached houses are smaller than 2 BOX TREE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

2 BOX TREE CLOSE: Plot and Title Map

2 BOX TREE CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 BOX TREE 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 BOX TREE 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 BOX TREE CLOSE?

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