9, REDWOOD CLOSE, CAERLEON, NEWPORT, NP18 3SD - £272,000

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

9 REDWOOD CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £272,000 in August 2022, which was around 29% below the average August 2022 detached price in the Newport local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was B.

9 REDWOOD CLOSE Sold Prices

Land registry data shows three sales for 9 REDWOOD 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 9 REDWOOD 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 31 AUG	£272,000	£383,368	29% below HPI
2006 27 DEC	£179,000	£250,666	29% below HPI
2001 27 JUL	£80,000	£120,868	34% below HPI

9 REDWOOD 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 9 REDWOOD CLOSE sales between July 2001 and August 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 December 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2022 sale, which was also at 29% below the HPI.

How Large is 9 REDWOOD CLOSE?

9 REDWOOD CLOSE is 69m² according to the EPC inspection conducted in July 2023. 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 9 REDWOOD CLOSE lies on this distribution: 3% of detached houses are smaller than 9 REDWOOD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

9 REDWOOD CLOSE: Plot and Title Map

9 REDWOOD CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 9 REDWOOD 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 REDWOOD 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 REDWOOD CLOSE?

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