1, MILL VIEW CLOSE, CAERPHILLY, CF83 3SP - £292,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MILL VIEW CLOSE is a small detached house of 90m², which could now be worth an estimated £364,718. It was last sold for £292,500 in June 2021, which was around 18% above the average June 2021 detached price in the Caerphilly local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

1 MILL VIEW CLOSE Sold Prices

Land registry data shows two sales for 1 MILL VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. Both of the two 1 MILL VIEW CLOSE sales were for above 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 30 JUN	£292,500	£248,243	18% above HPI
2014 27 JUN	£196,000	£174,591	12% above HPI

1 MILL VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Caerphilly local authority area over time, sourced from the HPI. The two 1 MILL VIEW CLOSE sales from June 2014 and June 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 June 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 1 MILL VIEW CLOSE be worth now?

1 MILL VIEW CLOSE might now be worth an estimated £364,718.

This is based on house price inflation of 24.7%, between June 2021 and December 2024, for detached houses, in the Caerphilly local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 1 MILL VIEW CLOSE of £292,500 on 30th June 2021. For the value to have increased from £292,500 to £364,718 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 1 MILL VIEW CLOSE has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The June 2021 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL VIEW CLOSE has not materially changed since June 2021.

How Large is 1 MILL VIEW CLOSE?

1 MILL VIEW CLOSE is 90m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses houses in Caerphilly, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caerphilly, and where 1 MILL VIEW CLOSE lies on this distribution: 29% of detached houses houses are smaller than 1 MILL VIEW CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Caerphilly.

1 MILL VIEW CLOSE: Plot and Title Map

1 MILL VIEW CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 1 MILL VIEW 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 MILL VIEW 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 MILL VIEW CLOSE?

1 MILL VIEW CLOSE is located in CAERPHILLY, in the CF83 postcode district. The below map shows the position of No. 1 on MILL VIEW CLOSE.