7, HIGH TREES, RISCA, NEWPORT, NP11 6HH - £115,000

7 HIGH TREES is a very small detached house of 58m², built sometime between 2003 and 2006. It was last sold for £115,000 in September 2019, which was around 50% below the average September 2019 detached price in the Caerphilly local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

7 HIGH TREES Sold Prices

Land registry data shows two sales for 7 HIGH TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. Both of the two 7 HIGH TREES 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
2019 27 SEP	£115,000	£229,305	50% below HPI
2006 4 DEC	£124,250	£180,298	31% below HPI

7 HIGH TREES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Caerphilly local authority area over time, sourced from the HPI. The two 7 HIGH TREES sales from December 2006 and September 2019 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 December 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 7 HIGH TREES?

7 HIGH TREES is 58m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Risca, based on EPC data. The below chart shows the distribution of detached houses by size in Risca, and where 7 HIGH TREES lies on this distribution: 2% of detached houses are smaller than 7 HIGH TREES, and 97% of houses are larger. Note that EPC data is not available for all properties in Risca.

7 HIGH TREES: Plot and Title Map

7 HIGH TREES sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 7 HIGH TREES, 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 HIGH TREES). 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 HIGH TREES?

7 HIGH TREES is located in RISCA, in the NP11 postcode district. The below map shows the position of No. 7 on HIGH TREES.