4, RUSSELL CLOSE, BASSALEG, NEWPORT, NP10 8PX - £230,000

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.

4 RUSSELL CLOSE is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £343,763. It was last sold for £230,000 in August 2017, which was around 12% below the average August 2017 detached price in the Newport local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was D.

4 RUSSELL CLOSE Sold Prices

Land registry data shows two sales for 4 RUSSELL 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 RUSSELL 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 11 AUG	£230,000	£261,705	12% below HPI
2012 25 MAY	£185,000	£204,772	10% below HPI

4 RUSSELL 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 RUSSELL CLOSE sales from May 2012 and August 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 May 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 RUSSELL CLOSE be worth now?

4 RUSSELL CLOSE might now be worth an estimated £343,763.

This is based on house price inflation of 49.5%, between August 2017 and February 2025, 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 49.5% inflationary increase is applied to the most recent sale price for 4 RUSSELL CLOSE of £230,000 on 11th August 2017. For the value to have increased from £230,000 to £343,763 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 4 RUSSELL CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The August 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RUSSELL CLOSE has not materially changed since August 2017.

How Large is 4 RUSSELL CLOSE?

4 RUSSELL CLOSE is 61m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 4 RUSSELL CLOSE lies on this distribution: 2% of detached houses houses are smaller than 4 RUSSELL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Newport.

4 RUSSELL CLOSE: Plot and Title Map

4 RUSSELL CLOSE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 4 RUSSELL 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 RUSSELL 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 RUSSELL CLOSE?

4 RUSSELL CLOSE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 4 on RUSSELL CLOSE.