3, HILLCREST, CAERLEON, NEWPORT, NP18 3BW - £265,000

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

3 HILLCREST is a very small detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £261,859. It was last sold for £265,000 in September 2024, which was around 32% below the average September 2024 detached price in the Newport local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

3 HILLCREST Sold Prices

Land registry data shows three sales for 3 HILLCREST 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 3 HILLCREST 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
2024 5 SEP	£265,000	£390,807	32% below HPI
1998 12 NOV	£64,000	£94,115	32% below HPI
1996 11 OCT	£50,000	£79,529	37% below HPI

3 HILLCREST 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 3 HILLCREST sales between October 1996 and September 2024 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 November 1998 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2024 sale, which was also at 32% below the HPI.

What might 3 HILLCREST be worth now?

3 HILLCREST might now be worth an estimated £261,859.

This is based on house price deflation of 1.2%, between September 2024 and December 2024, for detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 3 HILLCREST of £265,000 on 5th September 2024. For the value to have decreased from £265,000 to £261,859 over the nine months to December 2024, the following assumptions must hold true:

• The value of 3 HILLCREST has moved in line with the HPI for detached houses in the Newport local authority area.
• The September 2024 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HILLCREST has not materially changed since September 2024.

How Large is 3 HILLCREST?

3 HILLCREST is 60m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caerleon, and where 3 HILLCREST lies on this distribution: 2% of detached houses houses are smaller than 3 HILLCREST, and 98% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

3 HILLCREST: Plot and Title Map

3 HILLCREST sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 HILLCREST, 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 HILLCREST). 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 3 HILLCREST?

3 HILLCREST is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 3 on HILLCREST.