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
11 VALE REACH is a very small extended detached house of 76m², built sometime between 1976 and 1982. It was last sold for £230,000 in August 2023, which was around 26% below the average August 2023 detached price in the Bridgend local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 11 VALE REACH since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. Both of the two 11 VALE REACH sales were 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 |
---|---|---|---|
2023 11 AUG | £230,000 | £310,230 | 26% below HPI |
2002 14 JUN | £86,000 | £100,150 | 14% below HPI |
The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The two 11 VALE REACH sales from June 2002 and August 2023 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 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
11 VALE REACH is 76m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Pencoed, based on EPC data. The below chart shows the distribution of detached houses by size in Pencoed, and where 11 VALE REACH lies on this distribution: 7% of detached houses are smaller than 11 VALE REACH, and 93% of houses are larger. Note that EPC data is not available for all properties in Pencoed.
11 VALE REACH sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 11 VALE REACH, 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 11 VALE REACH). 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.
11 VALE REACH is located in PENCOED, in the CF35 postcode district. The below map shows the position of No. 11 on VALE REACH.