118, THE HIGHWAY, NEW INN, PONTYPOOL, NP4 0PH - £242,000

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

118 THE HIGHWAY is a very large extended detached house of 188m², built sometime before 1900, which could now be worth an estimated £388,860. It was last sold for £242,000 in July 2011, which was around 24% above the average July 2011 detached price in the Torfaen local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was E.

118 THE HIGHWAY Sold Prices

Land registry data shows two sales for 118 THE HIGHWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. One of the two 118 THE HIGHWAY 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
2011 14 JUL	£242,000	£195,424	24% above HPI
2003 3 OCT	£150,000	£152,017	1% below HPI

118 THE HIGHWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torfaen local authority area over time, sourced from the HPI. The two 118 THE HIGHWAY sales from October 2003 and July 2011 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 October 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2011 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 118 THE HIGHWAY be worth now?

118 THE HIGHWAY might now be worth an estimated £388,860.

This is based on house price inflation of 60.7%, between July 2011 and December 2024, for detached houses, in the Torfaen local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.7% inflationary increase is applied to the most recent sale price for 118 THE HIGHWAY of £242,000 on 14th July 2011. For the value to have increased from £242,000 to £388,860 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 118 THE HIGHWAY has moved in line with the HPI for detached houses in the Torfaen local authority area.
• The July 2011 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 118 THE HIGHWAY has not materially changed since July 2011.

How Large is 118 THE HIGHWAY?

118 THE HIGHWAY is 188m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pontypool, and where 118 THE HIGHWAY lies on this distribution: 95% of detached houses houses are smaller than 118 THE HIGHWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

118 THE HIGHWAY: Plot and Title Map

118 THE HIGHWAY sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 118 THE HIGHWAY, 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 118 THE HIGHWAY). 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 118 THE HIGHWAY?

118 THE HIGHWAY is located in NEW INN, in the NP4 postcode district. The below map shows the position of No. 118 on THE HIGHWAY.