2, COLD BAY CLOSE, ROGERSTONE, NEWPORT, NP10 9PA - £282,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 COLD BAY CLOSE is a very small detached house of 89m², built in 2017, which could now be worth an estimated £332,715. It was last sold for £282,500 in September 2021, which was around 17% below the average September 2021 detached price in the Newport local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

2 COLD BAY CLOSE Sold Prices

Land registry data shows two sales for 2 COLD BAY 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 2 COLD BAY 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
2021 10 SEP	£282,500	£339,385	17% below HPI
2017 23 JUN	£213,500	£259,406	18% below HPI

2 COLD BAY 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 2 COLD BAY CLOSE sales from June 2017 and September 2021 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 June 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 COLD BAY CLOSE be worth now?

2 COLD BAY CLOSE might now be worth an estimated £332,715.

This is based on house price inflation of 17.8%, between September 2021 and July 2026, for 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 17.8% inflationary increase is applied to the most recent sale price for 2 COLD BAY CLOSE of £282,500 on 10th September 2021. For the value to have increased from £282,500 to £332,715 over the five years and two months to July 2026, the following assumptions must hold true:

• The value of 2 COLD BAY CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The September 2021 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 2 COLD BAY CLOSE has not materially changed since September 2021.

How Large is 2 COLD BAY CLOSE?

2 COLD BAY CLOSE is 89m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses houses in Newport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newport, and where 2 COLD BAY CLOSE lies on this distribution: 19% of detached houses houses are smaller than 2 COLD BAY CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 COLD BAY CLOSE: Plot and Title Map

2 COLD BAY CLOSE sits on a plot of roughly 40.4 acres, or 163,664m². The below map shows the location of 2 COLD BAY 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 2 COLD BAY 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 2 COLD BAY CLOSE?

2 COLD BAY CLOSE is located in ROGERSTONE, in the NP10 postcode district. The below map shows the position of No. 2 on COLD BAY CLOSE.