5, BILLET CLOSE, NEWPORT, NP19 4TQ - £245,000

5 BILLET CLOSE is a very small detached house of 88m². It was last sold for £245,000 in October 2020, which was around 25% below the average October 2020 detached price in the Newport local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was A.

5 BILLET CLOSE Sold Prices

Land registry data shows two sales for 5 BILLET 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 5 BILLET 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
2020 9 OCT	£245,000	£328,535	25% below HPI
2014 28 NOV	£179,995	£227,168	21% below HPI

5 BILLET 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 5 BILLET CLOSE sales from November 2014 and October 2020 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 November 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 BILLET CLOSE?

5 BILLET CLOSE is 88m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 5 BILLET CLOSE lies on this distribution: 16% of detached houses are smaller than 5 BILLET CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Newport.

5 BILLET CLOSE: Plot and Title Map

5 BILLET CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 5 BILLET 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 5 BILLET 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 5 BILLET CLOSE?

5 BILLET CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 5 on BILLET CLOSE.