9, RUSSELL CLOSE, BASSALEG, NEWPORT, NP10 8PX - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 RUSSELL CLOSE is a very small semi-detached house of 70m², built sometime between 1950 and 1966. It was last sold for £180,000 in June 2022, which was around 20% below the average June 2022 semi-detached price in the Newport local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

9 RUSSELL CLOSE Sold Prices

Land registry data shows two sales for 9 RUSSELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Both of the two 9 RUSSELL 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 7 JUN	£180,000	£225,323	20% below HPI
1997 14 APR	£50,000	£51,353	3% below HPI

9 RUSSELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Newport local authority area over time, sourced from the HPI. The two 9 RUSSELL CLOSE sales from April 1997 and June 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 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 RUSSELL CLOSE be worth now?

9 RUSSELL CLOSE might now be worth an estimated £188,084.

This is based on house price inflation of 4.5%, between June 2022 and December 2024, for semi-detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% inflationary increase is applied to the most recent sale price for 9 RUSSELL CLOSE of £180,000 on 7th June 2022. For the value to have increased from £180,000 to £188,084 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 9 RUSSELL CLOSE has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The June 2022 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RUSSELL CLOSE has not materially changed since June 2022.

How Large is 9 RUSSELL CLOSE?

9 RUSSELL CLOSE is 70m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Newport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newport, and where 9 RUSSELL CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 9 RUSSELL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Newport.

9 RUSSELL CLOSE: Plot and Title Map

9 RUSSELL CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 9 RUSSELL 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 RUSSELL 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 RUSSELL CLOSE?

9 RUSSELL CLOSE is located in BASSALEG, in the NP10 postcode district. The below map shows the position of No. 9 on RUSSELL CLOSE.