38, PENYLAN CLOSE, BASSALEG, NEWPORT, NP10 8NW - £248,150

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 PENYLAN CLOSE is a small extended semi-detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £303,485. It was last sold for £248,150 in May 2021, which was around 27% above the average May 2021 semi-detached price in the Newport local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

38 PENYLAN CLOSE Sold Prices

Land registry data shows three sales for 38 PENYLAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. All of the three 38 PENYLAN CLOSE sales were for above 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
2021 14 MAY	£248,150	£194,705	27% above HPI
2000 3 OCT	£80,000	£60,744	32% above HPI
1997 4 AUG	£60,000	£52,815	14% above HPI

38 PENYLAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The three 38 PENYLAN CLOSE sales between August 1997 and May 2021 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 October 2000 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2021 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 38 PENYLAN CLOSE be worth now?

38 PENYLAN CLOSE might now be worth an estimated £303,485.

This is based on house price inflation of 22.3%, between May 2021 and February 2025, for semi-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 22.3% inflationary increase is applied to the most recent sale price for 38 PENYLAN CLOSE of £248,150 on 14th May 2021. For the value to have increased from £248,150 to £303,485 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 38 PENYLAN CLOSE has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The May 2021 sale price of £248,150 represented a fair market value for the property.
• The size, condition, and specification of 38 PENYLAN CLOSE has not materially changed since May 2021.

How Large is 38 PENYLAN CLOSE?

38 PENYLAN CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 38 PENYLAN CLOSE lies on this distribution: 36% of semi-detached houses houses are smaller than 38 PENYLAN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Newport.

38 PENYLAN CLOSE: Plot and Title Map

38 PENYLAN CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 38 PENYLAN 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 38 PENYLAN 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 38 PENYLAN CLOSE?

38 PENYLAN CLOSE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 38 on PENYLAN CLOSE.