2, GELLI CLOSE, TREDEGAR, NP22 3RE - £79,500

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 GELLI CLOSE is a small extended detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £290,094. It was last sold for £79,500 in December 2002, which was around 25% above the average December 2002 detached price in the Blaenau Gwent local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

2 GELLI CLOSE Sold Prices

Land registry data shows two sales for 2 GELLI CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaenau Gwent local authority area for the corresponding sale date. Both of the two 2 GELLI CLOSE sales were 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
2002 13 DEC	£79,500	£63,418	25% above HPI
1999 20 AUG	£59,000	£51,626	14% above HPI

2 GELLI CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaenau Gwent local authority area over time, sourced from the HPI. The two 2 GELLI CLOSE sales from August 1999 and December 2002 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 August 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2002 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 2 GELLI CLOSE be worth now?

2 GELLI CLOSE might now be worth an estimated £290,094.

This is based on house price inflation of 264.9%, between December 2002 and February 2025, for detached houses, in the Blaenau Gwent local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 264.9% inflationary increase is applied to the most recent sale price for 2 GELLI CLOSE of £79,500 on 13th December 2002. For the value to have increased from £79,500 to £290,094 over the 23 years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 GELLI CLOSE has moved in line with the HPI for detached houses in the Blaenau Gwent local authority area.
• The December 2002 sale price of £79,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GELLI CLOSE has not materially changed since December 2002.

How Large is 2 GELLI CLOSE?

2 GELLI CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of detached houses houses in Tredegar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tredegar, and where 2 GELLI CLOSE lies on this distribution: 39% of detached houses houses are smaller than 2 GELLI CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Tredegar.

2 GELLI CLOSE: Plot and Title Map

2 GELLI CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2 GELLI 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 GELLI 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 GELLI CLOSE?

2 GELLI CLOSE is located in TREDEGAR, in the NP22 postcode district. The below map shows the position of No. 2 on GELLI CLOSE.