9, CHESTNUT GROVE, CAERLEON, NEWPORT, NP18 3RP - £215,000

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

9 CHESTNUT GROVE is a very small extended detached house of 90m², built sometime between 1991 and 1995. It was last sold for £215,000 in May 2016, which was around 13% below the average May 2016 detached price in the Newport local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

9 CHESTNUT GROVE Sold Prices

Land registry data shows three sales for 9 CHESTNUT GROVE 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. Two of the three 9 CHESTNUT GROVE 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 25 MAY	£215,000	£246,879	13% below HPI
2002 12 SEP	£147,000	£144,522	2% above HPI
1998 21 SEP	£88,500	£97,916	10% below HPI

9 CHESTNUT GROVE 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 9 CHESTNUT GROVE sales between September 1998 and May 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 September 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 CHESTNUT GROVE?

9 CHESTNUT GROVE is 90m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 9 CHESTNUT GROVE lies on this distribution: 18% of detached houses are smaller than 9 CHESTNUT GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

9 CHESTNUT GROVE: Plot and Title Map

9 CHESTNUT GROVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 9 CHESTNUT GROVE, 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 9 CHESTNUT GROVE). 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 9 CHESTNUT GROVE?

9 CHESTNUT GROVE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 9 on CHESTNUT GROVE.