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
3 CYPRESS CLOSE is a midsized extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £105,475 in May 2001, which was around 11% below the average May 2001 detached price in the Newport local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 CYPRESS 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 3 CYPRESS 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 |
---|---|---|---|
2001 18 MAY | £105,475 | £118,102 | 11% below HPI |
1999 9 JUL | £93,500 | £94,640 | 1% below HPI |
1995 16 OCT | £64,750 | £83,659 | 23% 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 3 CYPRESS CLOSE sales between October 1995 and May 2001 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 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2001 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
3 CYPRESS CLOSE is 121m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 3 CYPRESS CLOSE lies on this distribution: 51% of detached houses are smaller than 3 CYPRESS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Caerleon.
3 CYPRESS CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 3 CYPRESS 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 3 CYPRESS 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.
3 CYPRESS CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 3 on CYPRESS CLOSE.