2, FAIRPLACE CLOSE, BRIDGEND, CF31 5BY - £186,950

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 FAIRPLACE CLOSE is a very small detached house of 79m², built sometime between 2003 and 2006. It was last sold for £186,950 in May 2017, which was around 14% below the average May 2017 detached price in the Bridgend local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

2 FAIRPLACE CLOSE Sold Prices

Land registry data shows three sales for 2 FAIRPLACE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. Two of the three 2 FAIRPLACE CLOSE sales were for below the average price, whilst one 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
2017 31 MAY	£186,950	£216,859	14% below HPI
2006 6 OCT	£169,995	£190,430	11% below HPI
2004 25 JUN	£163,875	£147,380	11% above HPI

2 FAIRPLACE CLOSE 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 three 2 FAIRPLACE CLOSE sales between June 2004 and May 2017 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 FAIRPLACE CLOSE?

2 FAIRPLACE CLOSE is 79m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses in Bridgend, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgend, and where 2 FAIRPLACE CLOSE lies on this distribution: 9% of detached houses are smaller than 2 FAIRPLACE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

2 FAIRPLACE CLOSE: Plot and Title Map

2 FAIRPLACE CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 2 FAIRPLACE CLOSE, 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 FAIRPLACE CLOSE). 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 FAIRPLACE CLOSE?

2 FAIRPLACE CLOSE is located in BRIDGEND, in the CF31 postcode district. The below map shows the position of No. 2 on FAIRPLACE CLOSE.