2, CEMAES ROAD, CROESPENMAEN, NEWPORT, NP11 3GQ - £185,000

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

2 CEMAES ROAD is a small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £185,000 in December 2015, which was around 2% below the average December 2015 detached price in the Caerphilly local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

2 CEMAES ROAD Sold Prices

Land registry data shows two sales for 2 CEMAES ROAD 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 2 CEMAES ROAD 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
2015 11 DEC	£185,000	£188,590	2% below HPI
2007 7 SEP	£165,000	£190,407	13% below HPI

2 CEMAES ROAD 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 2 CEMAES ROAD sales from September 2007 and December 2015 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 September 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 CEMAES ROAD?

2 CEMAES ROAD is 101m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses in Oakdale, based on EPC data. The below chart shows the distribution of detached houses by size in Oakdale, and where 2 CEMAES ROAD lies on this distribution: 22% of detached houses are smaller than 2 CEMAES ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Oakdale.

2 CEMAES ROAD: Plot and Title Map

2 CEMAES ROAD sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 2 CEMAES ROAD, 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 2 CEMAES ROAD). 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 2 CEMAES ROAD?

2 CEMAES ROAD is located in CROESPENMAEN, in the NP11 postcode district. The below map shows the position of No. 2 on CEMAES ROAD.