4, CUTTER CLOSE, NEWPORT, NP19 7LN - £210,000

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 CUTTER CLOSE is a large extended detached house of 128m², built sometime between 2003 and 2006. It was last sold for £210,000 in October 2005, which was around 9% below the average October 2005 detached price in the Newport local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

4 CUTTER CLOSE Sold Prices

Land registry data shows two sales for 4 CUTTER 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. One of the two 4 CUTTER CLOSE sales was for below the average price, whilst the other was 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
2005 17 OCT	£210,000	£230,518	9% below HPI
1998 29 MAY	£157,995	£94,073	68% above HPI

4 CUTTER 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 CUTTER CLOSE sales from May 1998 and October 2005 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 May 1998 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2005 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 CUTTER CLOSE?

4 CUTTER CLOSE is 128m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 4 CUTTER CLOSE lies on this distribution: 70% of detached houses are smaller than 4 CUTTER CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Newport.

4 CUTTER CLOSE: Plot and Title Map

4 CUTTER CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 4 CUTTER 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 CUTTER 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 CUTTER CLOSE?

4 CUTTER CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 4 on CUTTER CLOSE.