5, GORMANS CLOSE, ROGERSTONE, NEWPORT, NP10 9PR - £470,000

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

5 GORMANS CLOSE is a large detached house of 124m². It was last sold for £470,000 in May 2023, which was around 21% above the average May 2023 detached price in the Newport local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

5 GORMANS CLOSE Sold Prices

Land registry data shows four sales for 5 GORMANS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. two of the four 5 GORMANS CLOSE sales were for above the average price, and four 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 MAY	£470,000	£387,215	21% above HPI
2021 30 JUN	£335,000	£332,090	1% above HPI
2021 23 APR	£282,000	£332,982	15% below HPI
2018 16 APR	£282,000	£289,017	2% below HPI

5 GORMANS 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 four 5 GORMANS CLOSE sales between April 2018 and May 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 2021 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2023 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 5 GORMANS CLOSE?

5 GORMANS CLOSE is 124m² according to the EPC inspection conducted in December 2017. This puts it in the largest 40% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 5 GORMANS CLOSE lies on this distribution: 63% of detached houses are smaller than 5 GORMANS CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Newport.

5 GORMANS CLOSE: Plot and Title Map

5 GORMANS CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 5 GORMANS 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 5 GORMANS 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 5 GORMANS CLOSE?

5 GORMANS CLOSE is located in ROGERSTONE, in the NP10 postcode district. The below map shows the position of No. 5 on GORMANS CLOSE.