20, REES CLOSE, NEWPORT, NP20 6QT - £109,950

20 REES CLOSE is a very small detached house of 51m², built sometime between 1950 and 1966. It was last sold for £109,950 in January 2011, which was around 49% below the average January 2011 detached price in the Newport local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

20 REES CLOSE Sold Prices

Land registry data shows four sales for 20 REES 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 20 REES 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
2011 28 JAN	£109,950	£217,297	49% below HPI
2007 19 JAN	£115,995	£249,769	54% below HPI
2004 27 FEB	£87,000	£195,501	55% below HPI
2000 29 SEP	£43,500	£108,533	60% below HPI

20 REES 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 20 REES CLOSE sales between September 2000 and January 2011 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 January 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the January 2011 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 20 REES CLOSE?

20 REES CLOSE is 51m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 20 REES CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 20 REES CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Newport.

20 REES CLOSE: Plot and Title Map

20 REES CLOSE sits on a plot of roughly 2.3 acres, or 9,331m². The below map shows the location of 20 REES 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 20 REES 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 20 REES CLOSE?

20 REES CLOSE is located in NEWPORT, in the NP20 postcode district. The below map shows the position of No. 20 on REES CLOSE.