2, PARK PLACE, TONYPANDY, CF40 1BA - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 PARK PLACE is a very large detached house of 138m², built sometime between 1991 and 1995. It was last sold for £350,000 in October 2022, which was around 27% above the average October 2022 detached price in the Rhondda Cynon Taf local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

2 PARK PLACE Sold Prices

Land registry data shows four sales for 2 PARK PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rhondda Cynon Taf local authority area for the corresponding sale date. two of the four 2 PARK PLACE sales were for above the average price, and four 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
2022 28 OCT	£350,000	£275,108	27% above HPI
2006 24 MAR	£180,000	£147,427	22% above HPI
1999 20 DEC	£20,000	£68,077	71% below HPI
1998 9 DEC	£15,000	£61,915	76% below HPI

2 PARK PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rhondda Cynon Taf local authority area over time, sourced from the HPI. The four 2 PARK PLACE sales between December 1998 and October 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 March 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 2 PARK PLACE?

2 PARK PLACE is 138m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Tonypandy, based on EPC data. The below chart shows the distribution of detached houses by size in Tonypandy, and where 2 PARK PLACE lies on this distribution: 80% of detached houses are smaller than 2 PARK PLACE, and 19% of houses are larger. Note that EPC data is not available for all properties in Tonypandy.

2 PARK PLACE: Plot and Title Map

2 PARK PLACE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 2 PARK PLACE, 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 PARK PLACE). 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 PARK PLACE?

2 PARK PLACE is located in TONYPANDY, in the CF40 postcode district. The below map shows the position of No. 2 on PARK PLACE.