23, PINE CLOSE, RISCA, NEWPORT, NP11 6HQ - £155,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 PINE CLOSE is a midsized extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £311,504. It was last sold for £155,000 in March 2013, which was about the average March 2013 detached price in the Caerphilly local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

23 PINE CLOSE Sold Prices

Land registry data shows four sales for 23 PINE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. The four 23 PINE CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2013 15 MAR	£155,000	£154,674	Close to HPI
2007 1 JUN	£168,000	£182,460	8% below HPI
1996 12 DEC	£65,000	£64,309	1% above HPI
1995 13 JUL	£58,000	£61,117	5% below HPI

23 PINE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Caerphilly local authority area over time, sourced from the HPI. The four 23 PINE CLOSE sales between July 1995 and March 2013 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 June 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 23 PINE CLOSE be worth now?

23 PINE CLOSE might now be worth an estimated £311,504.

This is based on house price inflation of 101%, between March 2013 and February 2025, for detached houses, in the Caerphilly local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 101% inflationary increase is applied to the most recent sale price for 23 PINE CLOSE of £155,000 on 15th March 2013. For the value to have increased from £155,000 to £311,504 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of 23 PINE CLOSE has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The March 2013 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 23 PINE CLOSE has not materially changed since March 2013.

How Large is 23 PINE CLOSE?

23 PINE CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 50% of detached houses houses in Risca, based on EPC data. The below chart shows the distribution of detached houses houses by size in Risca, and where 23 PINE CLOSE lies on this distribution: 43% of detached houses houses are smaller than 23 PINE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Risca.

23 PINE CLOSE: Plot and Title Map

23 PINE CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 23 PINE 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 23 PINE 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 23 PINE CLOSE?

23 PINE CLOSE is located in RISCA, in the NP11 postcode district. The below map shows the position of No. 23 on PINE CLOSE.