9, FIR TREE CLOSE, CAERLEON, NEWPORT, NP18 3RR - £257,000

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 FIR TREE CLOSE is a very small detached house of 91m², built sometime between 2003 and 2006. It was last sold for £257,000 in May 2019, which was around 18% below the average May 2019 detached price in the Newport local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

9 FIR TREE CLOSE Sold Prices

Land registry data shows two sales for 9 FIR TREE 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 9 FIR TREE 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
2019 3 MAY	£257,000	£312,244	18% below HPI
2014 30 MAY	£220,000	£228,635	4% below HPI

9 FIR TREE 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 9 FIR TREE CLOSE sales from May 2014 and May 2019 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 May 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 9 FIR TREE CLOSE?

9 FIR TREE CLOSE is 91m² according to the EPC inspection conducted in March 2019. 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 FIR TREE CLOSE lies on this distribution: 18% of detached houses are smaller than 9 FIR TREE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

9 FIR TREE CLOSE: Plot and Title Map

9 FIR TREE CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 9 FIR TREE 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 9 FIR TREE 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 9 FIR TREE CLOSE?

9 FIR TREE CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 9 on FIR TREE CLOSE.