Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 BUILTH CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002. It was last sold for £225,000 in November 2016, which was around 12% below the average November 2016 detached price in the Newport local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 BUILTH CLOSE since 1st 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. Two of the three 8 BUILTH CLOSE sales were for below the average price, whilst one was for above 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 |
---|---|---|---|
2016 18 NOV | £225,000 | £256,950 | 12% below HPI |
2004 16 JUL | £204,000 | £206,430 | 1% below HPI |
2003 21 MAR | £179,250 | £167,346 | 7% above HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The three 8 BUILTH CLOSE sales between March 2003 and November 2016 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 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
8 BUILTH CLOSE is 109m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 8 BUILTH CLOSE lies on this distribution: 42% of detached houses are smaller than 8 BUILTH CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Newport.
8 BUILTH CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 8 BUILTH 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 8 BUILTH 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.
8 BUILTH CLOSE is located in NEWPORT, in the NP10 postcode district. The below map shows the position of No. 8 on BUILTH CLOSE.