7, PEARTREE CLOSE, CAERLEON, NEWPORT, NP18 3RL - £290,000

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 PEARTREE CLOSE is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £290,000 in November 2023, which was around 25% below the average November 2023 detached price in the Newport local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

7 PEARTREE CLOSE Sold Prices

Land registry data shows three sales for 7 PEARTREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 7 PEARTREE 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 20 NOV	£290,000	£388,756	25% below HPI
2014 25 JUL	£165,000	£233,967	29% below HPI
1996 30 AUG	£62,000	£81,590	24% below HPI

7 PEARTREE 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 three 7 PEARTREE CLOSE sales between August 1996 and November 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 July 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 PEARTREE CLOSE?

7 PEARTREE CLOSE is 56m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 PEARTREE CLOSE lies on this distribution: 1% of detached houses are smaller than 7 PEARTREE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

7 PEARTREE CLOSE: Plot and Title Map

7 PEARTREE CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 7 PEARTREE 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 PEARTREE 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 PEARTREE CLOSE?

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