2, DRAGON WAY, PENALLTA, HENGOED, CF82 6GT - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 DRAGON WAY is a midsized detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £309,309. It was last sold for £280,000 in July 2022, which was about the average July 2022 detached price in the Caerphilly local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

2 DRAGON WAY Sold Prices

Land registry data shows two sales for 2 DRAGON WAY 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. One of the two 2 DRAGON WAY sales was roughly equal to the average price, whilst the other was for above 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
2022 5 JUL	£280,000	£281,394	Close to HPI
2006 13 JUN	£212,950	£172,127	24% above HPI

2 DRAGON WAY 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 DRAGON WAY sales from June 2006 and July 2022 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 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 DRAGON WAY be worth now?

2 DRAGON WAY might now be worth an estimated £309,309.

This is based on house price inflation of 10.5%, between July 2022 and February 2025, for detached houses, in the Caerphilly local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.5% inflationary increase is applied to the most recent sale price for 2 DRAGON WAY of £280,000 on 5th July 2022. For the value to have increased from £280,000 to £309,309 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 2 DRAGON WAY has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The July 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DRAGON WAY has not materially changed since July 2022.

How Large is 2 DRAGON WAY?

2 DRAGON WAY is 114m² according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses houses in Ystrad Mynach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ystrad Mynach, and where 2 DRAGON WAY lies on this distribution: 56% of detached houses houses are smaller than 2 DRAGON WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Ystrad Mynach.

2 DRAGON WAY: Plot and Title Map

2 DRAGON WAY sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 2 DRAGON WAY, 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 DRAGON WAY). 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 DRAGON WAY?

2 DRAGON WAY is located in PENALLTA, in the CF82 postcode district. The below map shows the position of No. 2 on DRAGON WAY.