3, AUGUSTAN CLOSE, CAERLEON, NEWPORT, NP18 3DJ - £245,000

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.

3 AUGUSTAN CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £339,307. It was last sold for £245,000 in July 2018, which was around 16% below the average July 2018 detached price in the Newport local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was B.

3 AUGUSTAN CLOSE Sold Prices

Land registry data shows one sale for 3 AUGUSTAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Newport local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 11 JUL	£245,000	£291,413	16% below HPI

What might 3 AUGUSTAN CLOSE be worth now?

3 AUGUSTAN CLOSE might now be worth an estimated £339,307.

This is based on house price inflation of 38.5%, between July 2018 and April 2026, for 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 38.5% inflationary increase is applied to the most recent sale price for 3 AUGUSTAN CLOSE of £245,000 on 11th July 2018. For the value to have increased from £245,000 to £339,307 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 3 AUGUSTAN CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The July 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 AUGUSTAN CLOSE has not materially changed since July 2018.

How Large is 3 AUGUSTAN CLOSE?

3 AUGUSTAN CLOSE is 72m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 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 3 AUGUSTAN CLOSE lies on this distribution: 6% of detached houses are smaller than 3 AUGUSTAN CLOSE, and 93% of detached houses are larger. Note that EPC data is not available for all properties in Caerleon.

3 AUGUSTAN CLOSE: Plot

3 AUGUSTAN CLOSE sits on a plot of roughly 0.140 of an acre, or 565m².

Where is 3 AUGUSTAN CLOSE?

3 AUGUSTAN CLOSE is located in CAERLEON, in the NP18 postcode district.