7, FARNABY CLOSE, NEWPORT, NP19 9PN - £162,000

7 FARNABY CLOSE is a very small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £162,000 in January 2016, which was around 32% below the average January 2016 detached price in the Newport local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

7 FARNABY CLOSE Sold Prices

Land registry data shows three sales for 7 FARNABY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three 7 FARNABY 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
2016 22 JAN	£162,000	£238,691	32% below HPI
2006 4 AUG	£189,000	£240,780	22% below HPI
2003 18 DEC	£138,000	£190,004	27% below HPI

7 FARNABY 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 three 7 FARNABY CLOSE sales between December 2003 and January 2016 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 August 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 FARNABY CLOSE?

7 FARNABY CLOSE is 86m² according to the EPC inspection conducted in October 2013. 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 7 FARNABY CLOSE lies on this distribution: 15% of detached houses are smaller than 7 FARNABY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newport.

7 FARNABY CLOSE: Plot and Title Map

7 FARNABY CLOSE sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 7 FARNABY 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 FARNABY 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 FARNABY CLOSE?

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