7, POWIS CLOSE, NEWPORT, NP10 8HT - £233,000

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 POWIS CLOSE is a small extended detached house of 100m², built sometime between 2003 and 2006. It was last sold for £233,000 in January 2022, which was around 36% below the average January 2022 detached price in the Newport local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

7 POWIS CLOSE Sold Prices

Land registry data shows five sales for 7 POWIS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the five 7 POWIS 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 14 JAN	£233,000	£365,248	36% below HPI
2011 13 APR	£153,000	£214,190	29% below HPI
2005 15 AUG	£159,950	£221,251	28% below HPI
2005 24 JUN	£155,000	£224,285	31% below HPI
2002 11 OCT	£113,500	£146,815	23% below HPI

7 POWIS 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 five 7 POWIS CLOSE sales between October 2002 and January 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 April 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 7 POWIS CLOSE?

7 POWIS CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 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 7 POWIS CLOSE lies on this distribution: 31% of detached houses are smaller than 7 POWIS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 POWIS CLOSE: Plot and Title Map

7 POWIS CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 7 POWIS 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 POWIS 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 POWIS CLOSE?

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