7, OWEN CLOSE, CAERLEON, NEWPORT, NP18 3TH - £330,000

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 OWEN CLOSE is a midsized detached house of 130m², built sometime between 1983 and 1990. It was last sold for £330,000 in February 2022, which was around 10% below the average February 2022 detached price in the Newport local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

7 OWEN CLOSE Sold Prices

Land registry data shows two sales for 7 OWEN 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 OWEN 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
2022 21 FEB	£330,000	£368,690	10% below HPI
2008 14 MAR	£232,500	£249,485	7% below HPI

7 OWEN 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 OWEN CLOSE sales from March 2008 and February 2022 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 March 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 OWEN CLOSE?

7 OWEN CLOSE is 130m² according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 7 OWEN CLOSE lies on this distribution: 59% of detached houses are smaller than 7 OWEN CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

7 OWEN CLOSE: Plot and Title Map

7 OWEN CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 7 OWEN 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 OWEN 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 OWEN CLOSE?

7 OWEN CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 7 on OWEN CLOSE.