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 QUEENS CLOSE is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £136,000 in November 2005, which was around 41% below the average November 2005 detached price in the Newport local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 QUEENS CLOSE since 1st 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 QUEENS 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 |
---|---|---|---|
2005 30 NOV | £136,000 | £230,895 | 41% below HPI |
2000 17 AUG | £68,000 | £107,034 | 36% below HPI |
1999 13 OCT | £47,000 | £97,979 | 52% below HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The three 2 QUEENS CLOSE sales between October 1999 and November 2005 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 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2005 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
2 QUEENS CLOSE is 85m² according to the EPC inspection conducted in January 2023. 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 QUEENS CLOSE lies on this distribution: 14% of detached houses are smaller than 2 QUEENS CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newport.
2 QUEENS CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 2 QUEENS 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 QUEENS 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 QUEENS CLOSE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 2 on QUEENS CLOSE.