2, GREENWAY DRIVE, GRIFFITHSTOWN, PONTYPOOL, NP4 5AZ - £173,500

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 GREENWAY DRIVE is a small detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £275,800. It was last sold for £173,500 in May 2011, which was around 13% below the average May 2011 detached price in the Torfaen local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

2 GREENWAY DRIVE Sold Prices

Land registry data shows two sales for 2 GREENWAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. One of the two 2 GREENWAY DRIVE sales was for below 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
2011 6 MAY	£173,500	£199,290	13% below HPI
1997 3 JAN	£75,000	£66,772	12% above HPI

2 GREENWAY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torfaen local authority area over time, sourced from the HPI. The two 2 GREENWAY DRIVE sales from January 1997 and May 2011 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 January 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 GREENWAY DRIVE be worth now?

2 GREENWAY DRIVE might now be worth an estimated £275,800.

This is based on house price inflation of 59%, between May 2011 and February 2025, for detached houses, in the Torfaen local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59% inflationary increase is applied to the most recent sale price for 2 GREENWAY DRIVE of £173,500 on 6th May 2011. For the value to have increased from £173,500 to £275,800 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 2 GREENWAY DRIVE has moved in line with the HPI for detached houses in the Torfaen local authority area.
• The May 2011 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GREENWAY DRIVE has not materially changed since May 2011.

How Large is 2 GREENWAY DRIVE?

2 GREENWAY DRIVE is 100m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% of detached houses houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pontypool, and where 2 GREENWAY DRIVE lies on this distribution: 26% of detached houses houses are smaller than 2 GREENWAY DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

2 GREENWAY DRIVE: Plot and Title Map

2 GREENWAY DRIVE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 2 GREENWAY DRIVE, 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 GREENWAY DRIVE). 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 GREENWAY DRIVE?

2 GREENWAY DRIVE is located in GRIFFITHSTOWN, in the NP4 postcode district. The below map shows the position of No. 2 on GREENWAY DRIVE.