18, FAIROAK CHASE, BRACKLA, BRIDGEND, CF31 2PH - £138,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 FAIROAK CHASE is a small detached house of 94m², built sometime between 1976 and 1982. It was last sold for £138,000 in December 2013, which was around 23% below the average December 2013 detached price in the Bridgend local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

18 FAIROAK CHASE Sold Prices

Land registry data shows two sales for 18 FAIROAK CHASE since 1^st 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 18 FAIROAK CHASE 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
2013 3 DEC	£138,000	£178,891	23% below HPI
2007 1 JUN	£145,000	£193,617	25% below HPI

18 FAIROAK CHASE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The two 18 FAIROAK CHASE sales from June 2007 and December 2013 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 18 FAIROAK CHASE?

18 FAIROAK CHASE is 94m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Bridgend, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgend, and where 18 FAIROAK CHASE lies on this distribution: 29% of detached houses are smaller than 18 FAIROAK CHASE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

18 FAIROAK CHASE: Plot and Title Map

18 FAIROAK CHASE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 18 FAIROAK CHASE, 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 18 FAIROAK CHASE). 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 18 FAIROAK CHASE?

18 FAIROAK CHASE is located in BRACKLA, in the CF31 postcode district. The below map shows the position of No. 18 on FAIROAK CHASE.