8, PARKWOOD CLOSE, CAERLEON, NEWPORT, NP18 3SX - £490,000

8 PARKWOOD CLOSE is a very large extended detached house of 223m², built sometime between 1983 and 1990. It was last sold for £490,000 in April 2020, which was around 52% above the average April 2020 detached price in the Newport local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

8 PARKWOOD CLOSE Sold Prices

Land registry data shows three sales for 8 PARKWOOD 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 PARKWOOD 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
2020 17 APR	£490,000	£322,287	52% above HPI
2011 10 JUN	£370,000	£220,174	68% above HPI
2004 20 FEB	£324,500	£195,501	66% above HPI

8 PARKWOOD 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 PARKWOOD CLOSE sales between February 2004 and April 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 June 2011 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the April 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 8 PARKWOOD CLOSE?

8 PARKWOOD CLOSE is 223m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 8 PARKWOOD CLOSE lies on this distribution: 92% of detached houses are smaller than 8 PARKWOOD CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Caerleon.

8 PARKWOOD CLOSE: Plot and Title Map

8 PARKWOOD CLOSE sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of 8 PARKWOOD 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 PARKWOOD 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 PARKWOOD CLOSE?

8 PARKWOOD CLOSE is located in CAERLEON, in the NP18 postcode district. The below map shows the position of No. 8 on PARKWOOD CLOSE.