2, MONS CLOSE, NEWPORT, NP20 5ET - £292,500

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 MONS CLOSE is a very large detached house of 182m², built sometime between 1996 and 2002, which could now be worth an estimated £531,783. It was last sold for £292,500 in October 2013, which was around 36% above the average October 2013 detached price in the Newport local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

2 MONS CLOSE Sold Prices

Land registry data shows four sales for 2 MONS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the four 2 MONS CLOSE sales were 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
2013 24 OCT	£292,500	£214,518	36% above HPI
2011 23 SEP	£292,500	£212,628	38% above HPI
2007 12 DEC	£327,000	£251,521	30% above HPI
2002 11 APR	£230,000	£128,510	79% above HPI

2 MONS 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 four 2 MONS CLOSE sales between April 2002 and October 2013 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 2011 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2013 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 MONS CLOSE be worth now?

2 MONS CLOSE might now be worth an estimated £531,783.

This is based on house price inflation of 81.8%, between October 2013 and March 2025, 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 81.8% inflationary increase is applied to the most recent sale price for 2 MONS CLOSE of £292,500 on 24th October 2013. For the value to have increased from £292,500 to £531,783 over the twelve years and seven months to March 2025, the following assumptions must hold true:

• The value of 2 MONS CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The October 2013 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MONS CLOSE has not materially changed since October 2013.

How Large is 2 MONS CLOSE?

2 MONS CLOSE is 182m² according to the EPC inspection conducted in May 2012. This puts it in the largest 10% 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 MONS CLOSE lies on this distribution: 92% of detached houses houses are smaller than 2 MONS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Newport.

2 MONS CLOSE: Plot and Title Map

2 MONS CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 2 MONS 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 MONS 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 MONS CLOSE?

2 MONS CLOSE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 2 on MONS CLOSE.