7, CUTTER CLOSE, NEWPORT, NP19 7LN - £389,000

7 CUTTER CLOSE is a very large extended detached house of 154m², built sometime between 1996 and 2002. It was last sold for £389,000 in August 2021, which was around 8% above the average August 2021 detached price in the Newport local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

7 CUTTER CLOSE Sold Prices

Land registry data shows five sales for 7 CUTTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Most of the five 7 CUTTER 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
2021 9 AUG	£389,000	£358,770	8% above HPI
2016 16 SEP	£270,000	£254,696	6% above HPI
2007 20 NOV	£249,950	£257,127	3% below HPI
2001 14 DEC	£113,000	£126,647	11% below HPI
1998 6 FEB	£108,495	£91,886	18% above HPI

7 CUTTER 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 five 7 CUTTER CLOSE sales between February 1998 and August 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 September 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2021 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 7 CUTTER CLOSE?

7 CUTTER CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 7 CUTTER CLOSE lies on this distribution: 86% of detached houses are smaller than 7 CUTTER CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 CUTTER CLOSE: Plot and Title Map

7 CUTTER CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 7 CUTTER 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 7 CUTTER 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 7 CUTTER CLOSE?

7 CUTTER CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 7 on CUTTER CLOSE.