4, BOX TREE CLOSE, CAERLEON, NEWPORT, NP18 3RJ - £270,000

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

4 BOX TREE CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £270,000 in August 2023, which was around 31% below the average August 2023 detached price in the Newport local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

4 BOX TREE CLOSE Sold Prices

Land registry data shows two sales for 4 BOX TREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Both of the two 4 BOX TREE 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
2023 11 AUG	£270,000	£390,482	31% below HPI
2002 21 JUN	£106,000	£136,847	23% below HPI

4 BOX TREE CLOSE 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 two 4 BOX TREE CLOSE sales from June 2002 and August 2023 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 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 4 BOX TREE CLOSE?

4 BOX TREE CLOSE is 72m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 4 BOX TREE CLOSE lies on this distribution: 6% of detached houses are smaller than 4 BOX TREE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

4 BOX TREE CLOSE: Plot and Title Map

4 BOX TREE CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 4 BOX TREE 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 4 BOX TREE 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 4 BOX TREE CLOSE?

4 BOX TREE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 4 on BOX TREE CLOSE.