5, FAIRFIELD CLOSE, CAERLEON, NEWPORT, NP18 3DR - £170,000

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.

5 FAIRFIELD CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £317,619. It was last sold for £170,000 in November 2012, which was around 21% below the average November 2012 detached price in the Newport local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

5 FAIRFIELD CLOSE Sold Prices

Land registry data shows one sale for 5 FAIRFIELD 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
2012 30 NOV	£170,000	£216,012	21% below HPI

What might 5 FAIRFIELD CLOSE be worth now?

5 FAIRFIELD CLOSE might now be worth an estimated £317,619.

This is based on house price inflation of 86.8%, between November 2012 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 86.8% inflationary increase is applied to the most recent sale price for 5 FAIRFIELD CLOSE of £170,000 on 30th November 2012. For the value to have increased from £170,000 to £317,619 over the fourteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 5 FAIRFIELD CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The November 2012 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FAIRFIELD CLOSE has not materially changed since November 2012.

How Large is 5 FAIRFIELD CLOSE?

5 FAIRFIELD CLOSE is 66m² according to the EPC inspection conducted in June 2011. 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 5 FAIRFIELD CLOSE lies on this distribution: 3% of detached houses are smaller than 5 FAIRFIELD CLOSE, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Caerleon.

5 FAIRFIELD CLOSE: Plot

5 FAIRFIELD CLOSE sits on a plot of roughly 0.101 of an acre, or 409m².

Where is 5 FAIRFIELD CLOSE?

5 FAIRFIELD CLOSE is located in CAERLEON, in the NP18 postcode district.