2, PERU CLOSE, NEWPORT, NP19 4DY - £275,000

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 PERU CLOSE is a very small detached house of 88m². It was last sold for £275,000 in April 2021, which was around 17% below the average April 2021 detached price in the Newport local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

2 PERU CLOSE Sold Prices

Land registry data shows two sales for 2 PERU 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 PERU 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 30 APR	£275,000	£332,982	17% below HPI
2018 23 FEB	£242,995	£281,977	14% below HPI

2 PERU 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 PERU CLOSE sales from February 2018 and April 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 February 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 PERU CLOSE?

2 PERU CLOSE is 88m² according to the EPC inspection conducted in February 2018. 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 PERU CLOSE lies on this distribution: 17% of detached houses are smaller than 2 PERU CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 PERU CLOSE: Plot and Title Map

2 PERU CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 2 PERU 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 PERU 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 PERU CLOSE?

2 PERU CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 2 on PERU CLOSE.