1, MARIAN CLOSE, TREDEGAR, NP22 3QX - £244,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MARIAN CLOSE is a small detached house of 115m², built sometime between 2007 and 2011. It was last sold for £244,000 in November 2021, which was around 25% above the average November 2021 detached price in the Blaenau Gwent local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

1 MARIAN CLOSE Sold Prices

Land registry data shows three sales for 1 MARIAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaenau Gwent local authority area for the corresponding sale date. The three 1 MARIAN CLOSE sales were a mix of above the average price, and roughly equal to 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
2021 12 NOV	£244,000	£194,690	25% above HPI
2017 24 MAY	£135,000	£135,289	Close to HPI
2008 4 NOV	£150,000	£128,309	17% above HPI

1 MARIAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaenau Gwent local authority area over time, sourced from the HPI. The three 1 MARIAN CLOSE sales between November 2008 and November 2021 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 May 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 1 MARIAN CLOSE?

1 MARIAN CLOSE is 115m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Tredegar, based on EPC data. The below chart shows the distribution of detached houses by size in Tredegar, and where 1 MARIAN CLOSE lies on this distribution: 38% of detached houses are smaller than 1 MARIAN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Tredegar.

1 MARIAN CLOSE: Plot and Title Map

1 MARIAN CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1 MARIAN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 MARIAN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 MARIAN CLOSE?

1 MARIAN CLOSE is located in TREDEGAR, in the NP22 postcode district. The below map shows the position of No. 1 on MARIAN CLOSE.