16, THE HIGHWAY, NEW INN, PONTYPOOL, NP4 0PW - £190,000

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

16 THE HIGHWAY is a midsized extended detached house of 115m², built sometime between 1950 and 1966. It was last sold for £190,000 in January 2016, which was around 7% below the average January 2016 detached price in the Torfaen local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

16 THE HIGHWAY Sold Prices

Land registry data shows two sales for 16 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. Both of the two 16 THE HIGHWAY 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
2016 15 JAN	£190,000	£205,176	7% below HPI
2006 17 JUL	£200,000	£204,808	2% below HPI

16 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 16 THE HIGHWAY sales from July 2006 and January 2016 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 July 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 THE HIGHWAY?

16 THE HIGHWAY is 115m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 50% of detached houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses by size in Pontypool, and where 16 THE HIGHWAY lies on this distribution: 47% of detached houses are smaller than 16 THE HIGHWAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

16 THE HIGHWAY: Plot and Title Map

16 THE HIGHWAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 16 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 16 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 16 THE HIGHWAY?

16 THE HIGHWAY is located in NEW INN, in the NP4 postcode district. The below map shows the position of No. 16 on THE HIGHWAY.