2, PRIORY CLOSE, CAERLEON, NEWPORT, NP18 3SY - £500,000

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 PRIORY CLOSE is a very large extended detached house of 205m², built sometime between 1976 and 1982. It was last sold for £500,000 in December 2020, which was around 49% above the average December 2020 detached price in the Newport local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 PRIORY CLOSE Sold Prices

Land registry data shows three sales for 2 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 2 PRIORY CLOSE sales were for above 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
2020 23 DEC	£500,000	£335,681	49% above HPI
2013 4 OCT	£366,500	£219,554	67% above HPI
1995 15 SEP	£120,000	£82,363	46% above HPI

2 PRIORY 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 three 2 PRIORY CLOSE sales between September 1995 and December 2020 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 October 2013 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the December 2020 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 2 PRIORY CLOSE?

2 PRIORY CLOSE is 205m², which includes two extensions, according to the EPC inspection conducted in September 2020. 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 PRIORY CLOSE lies on this distribution: 90% of detached houses are smaller than 2 PRIORY CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

2 PRIORY CLOSE: Plot and Title Map

2 PRIORY CLOSE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 2 PRIORY 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 PRIORY 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 PRIORY CLOSE?

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