29, LARKFIELD CLOSE, CAERLEON, NEWPORT, NP18 3EX - £217,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 LARKFIELD CLOSE is a small semi-detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £236,706. It was last sold for £217,500 in October 2022, which was around 5% below the average October 2022 semi-detached price in the Newport local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

29 LARKFIELD CLOSE Sold Prices

Land registry data shows two sales for 29 LARKFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Newport local authority area for the corresponding sale date. Both of the two 29 LARKFIELD 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
2022 21 OCT	£217,500	£229,803	5% below HPI
2003 14 APR	£49,125	£94,327	48% below HPI

29 LARKFIELD 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 two 29 LARKFIELD CLOSE sales from April 2003 and October 2022 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 April 2003 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 29 LARKFIELD CLOSE be worth now?

29 LARKFIELD CLOSE might now be worth an estimated £236,706.

This is based on house price inflation of 8.8%, between October 2022 and May 2026, for semi-detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 29 LARKFIELD CLOSE of £217,500 on 21st October 2022. For the value to have increased from £217,500 to £236,706 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 29 LARKFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The October 2022 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 29 LARKFIELD CLOSE has not materially changed since October 2022.

How Large is 29 LARKFIELD CLOSE?

29 LARKFIELD CLOSE is 77m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% of semi-detached houses in Caerleon, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Caerleon, and where 29 LARKFIELD CLOSE lies on this distribution: 29% of semi-detached houses are smaller than 29 LARKFIELD CLOSE, and 69% of semi-detached houses are larger. Note that EPC data is not available for all properties in Caerleon.

Where is 29 LARKFIELD CLOSE?

29 LARKFIELD CLOSE is located in CAERLEON, in the NP18 postcode district.