2, PARK ROAD, HENGOED, CF82 7LW - £485,000

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 PARK ROAD is a very large extended detached house of 259m², built sometime before 1900. It was last sold for £485,000 in July 2018, which was around 133% above the average July 2018 detached price in the Caerphilly local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was C.

2 PARK ROAD Sold Prices

Land registry data shows four sales for 2 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. All of the four 2 PARK ROAD 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
2018 27 JUL	£485,000	£208,313	133% above HPI
2005 2 SEP	£376,000	£170,520	121% above HPI
2003 11 DEC	£290,000	£131,217	121% above HPI
2001 27 APR	£162,500	£80,887	101% above HPI

2 PARK ROAD 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 four 2 PARK ROAD sales between April 2001 and July 2018 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 September 2005 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the July 2018 sale, where it rises to 133% above the HPI. The line then continues to track at 133% above the HPI.

How Large is 2 PARK ROAD?

2 PARK ROAD is 259m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses in Ystrad Mynach, based on EPC data. The below chart shows the distribution of detached houses by size in Ystrad Mynach, and where 2 PARK ROAD lies on this distribution: 99% of detached houses are smaller than 2 PARK ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Ystrad Mynach.

2 PARK ROAD: Plot and Title Map

2 PARK ROAD sits on a plot of roughly 0.370 of an acre, or 1,496m². The below map shows the location of 2 PARK ROAD, 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 ROAD). 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 ROAD?

2 PARK ROAD is located in HENGOED, in the CF82 postcode district. The below map shows the position of No. 2 on PARK ROAD.