7, HARROW CLOSE, CAERLEON, NEWPORT, NP18 3EF - £264,000

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.

7 HARROW CLOSE is a small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £290,417. It was last sold for £264,000 in June 2022, which was around 17% above the average June 2022 semi-detached price in the Newport local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

7 HARROW CLOSE Sold Prices

Land registry data shows two sales for 7 HARROW 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. One of the two 7 HARROW CLOSE sales was for above the average price, whilst the other was 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 7 JUN	£264,000	£225,323	17% above HPI
2017 3 NOV	£150,000	£160,358	6% below HPI

7 HARROW 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 7 HARROW CLOSE sales from November 2017 and June 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 November 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2022 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 7 HARROW CLOSE be worth now?

7 HARROW CLOSE might now be worth an estimated £290,417.

This is based on house price inflation of 10%, between June 2022 and April 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 10% inflationary increase is applied to the most recent sale price for 7 HARROW CLOSE of £264,000 on 7th June 2022. For the value to have increased from £264,000 to £290,417 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 7 HARROW CLOSE has moved in line with the HPI for semi-detached houses in the Newport local authority area.
• The June 2022 sale price of £264,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HARROW CLOSE has not materially changed since June 2022.

How Large is 7 HARROW CLOSE?

7 HARROW CLOSE is 78m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% 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 7 HARROW CLOSE lies on this distribution: 31% of semi-detached houses are smaller than 7 HARROW CLOSE, and 67% of semi-detached houses are larger. Note that EPC data is not available for all properties in Caerleon.

Where is 7 HARROW CLOSE?

7 HARROW CLOSE is located in CAERLEON, in the NP18 postcode district.