4, SPRINGFIELD CLOSE, RHIWDERIN, NEWPORT, NP10 8RZ - £475,000

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 SPRINGFIELD CLOSE is a very large extended detached house of 148m², built sometime between 1967 and 1975. It was last sold for £475,000 in June 2023, which was around 22% above the average June 2023 detached price in the Newport local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

4 SPRINGFIELD CLOSE Sold Prices

Land registry data shows two sales for 4 SPRINGFIELD 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 SPRINGFIELD 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
2023 15 JUN	£475,000	£390,906	22% above HPI
2017 27 OCT	£324,000	£274,193	18% above HPI

4 SPRINGFIELD 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 SPRINGFIELD CLOSE sales from October 2017 and June 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 October 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 4 SPRINGFIELD CLOSE?

4 SPRINGFIELD CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% 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 SPRINGFIELD CLOSE lies on this distribution: 83% of detached houses are smaller than 4 SPRINGFIELD CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Newport.

4 SPRINGFIELD CLOSE: Plot and Title Map

4 SPRINGFIELD CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 4 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD CLOSE?

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