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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 SPRINGFIELD CLOSE is a very large extended detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £486,455. It was last sold for £475,000 in June 2023, which was around 24% 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	£381,939	24% above HPI
2017 27 OCT	£324,000	£267,903	21% 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 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 4 SPRINGFIELD CLOSE be worth now?

4 SPRINGFIELD CLOSE might now be worth an estimated £486,455.

This is based on house price inflation of 2.4%, between June 2023 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 2.4% inflationary increase is applied to the most recent sale price for 4 SPRINGFIELD CLOSE of £475,000 on 15th June 2023. For the value to have increased from £475,000 to £486,455 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 4 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The June 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRINGFIELD CLOSE has not materially changed since June 2023.

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 houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 4 SPRINGFIELD CLOSE lies on this distribution: 83% of detached houses houses are smaller than 4 SPRINGFIELD CLOSE, and 16% 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.