8, BILLET CLOSE, NEWPORT, NP19 4TQ - £335,000

8 BILLET CLOSE is a midsized detached house of 120m². It was last sold for £335,000 in August 2021, which was around 7% below the average August 2021 detached price in the Newport local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

8 BILLET CLOSE Sold Prices

Land registry data shows three sales for 8 BILLET 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 8 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
2021 20 AUG	£335,000	£358,770	7% below HPI
2017 27 OCT	£162,000	£274,193	41% below HPI
2016 4 MAR	£212,000	£240,493	12% below HPI

8 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 three 8 BILLET CLOSE sales between March 2016 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 October 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 8 BILLET CLOSE?

8 BILLET CLOSE is 120m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 8 BILLET CLOSE lies on this distribution: 57% of detached houses are smaller than 8 BILLET CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Newport.

8 BILLET CLOSE: Plot and Title Map

8 BILLET CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 8 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 8 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 8 BILLET CLOSE?

8 BILLET CLOSE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 8 on BILLET CLOSE.