7, IRON CLOSE, ROGERSTONE, NEWPORT, NP10 9PG - £326,000

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

7 IRON CLOSE is a small detached house of 94m². It was last sold for £326,000 in July 2023, which was around 18% below the average July 2023 detached price in the Newport local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

7 IRON CLOSE Sold Prices

Land registry data shows two sales for 7 IRON 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 7 IRON 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
2023 27 JUL	£326,000	£395,343	18% below HPI
2018 2 NOV	£240,995	£308,962	22% below HPI

7 IRON 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 7 IRON CLOSE sales from November 2018 and July 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 November 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 IRON CLOSE?

7 IRON CLOSE is 94m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 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 7 IRON CLOSE lies on this distribution: 25% of detached houses are smaller than 7 IRON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 IRON CLOSE: Plot and Title Map

7 IRON CLOSE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 7 IRON 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 7 IRON 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 7 IRON CLOSE?

7 IRON CLOSE is located in ROGERSTONE, in the NP10 postcode district. The below map shows the position of No. 7 on IRON CLOSE.