3, THE CLOSE, PORTSKEWETT, CALDICOT, NP26 5SN - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 THE CLOSE is a large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £220,000 in March 2017, which was around 34% below the average March 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

3 THE CLOSE Sold Prices

Land registry data shows three sales for 3 THE 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 Monmouthshire local authority area for the corresponding sale date. All of the three 3 THE 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
2017 17 MAR	£220,000	£332,688	34% below HPI
1996 4 NOV	£58,000	£94,394	39% below HPI
1996 12 JAN	£57,000	£89,321	36% below HPI

3 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 3 THE CLOSE sales between January 1996 and March 2017 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 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 THE CLOSE?

3 THE CLOSE is 159m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Portskewett, based on EPC data. The below chart shows the distribution of detached houses by size in Portskewett, and where 3 THE CLOSE lies on this distribution: 79% of detached houses are smaller than 3 THE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Portskewett.

3 THE CLOSE: Plot and Title Map

3 THE CLOSE sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 3 THE 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 THE 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 3 THE CLOSE?

3 THE CLOSE is located in PORTSKEWETT, in the NP26 postcode district. The below map shows the position of No. 3 on THE CLOSE.