9, BAY TREE CLOSE, CAERLEON, NEWPORT, NP18 3RT - £224,000

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.

9 BAY TREE CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £348,523. It was last sold for £224,000 in May 2017, which was around 14% below the average May 2017 detached price in the Newport local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

9 BAY TREE CLOSE Sold Prices

Land registry data shows one sale for 9 BAY TREE 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
2017 8 MAY	£224,000	£259,390	14% below HPI

What might 9 BAY TREE CLOSE be worth now?

9 BAY TREE CLOSE might now be worth an estimated £348,523.

This is based on house price inflation of 55.6%, between May 2017 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 55.6% inflationary increase is applied to the most recent sale price for 9 BAY TREE CLOSE of £224,000 on 8th May 2017. For the value to have increased from £224,000 to £348,523 over the nine years and one month to April 2026, the following assumptions must hold true:

• The value of 9 BAY TREE CLOSE has moved in line with the HPI for detached houses in the Newport local authority area.
• The May 2017 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BAY TREE CLOSE has not materially changed since May 2017.

How Large is 9 BAY TREE CLOSE?

9 BAY TREE CLOSE is 86m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Caerleon, based on EPC data. The below chart shows the distribution of detached houses by size in Caerleon, and where 9 BAY TREE CLOSE lies on this distribution: 14% of detached houses are smaller than 9 BAY TREE CLOSE, and 85% of detached houses are larger. Note that EPC data is not available for all properties in Caerleon.

9 BAY TREE CLOSE: Plot

9 BAY TREE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m².

Where is 9 BAY TREE CLOSE?

9 BAY TREE CLOSE is located in CAERLEON, in the NP18 postcode district.