2, REDSHANK CLOSE, PORTHCAWL, CF36 3UG - £390,000

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 REDSHANK CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £390,000 in July 2022, which was around 25% above the average July 2022 detached price in the Bridgend local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

2 REDSHANK CLOSE Sold Prices

Land registry data shows three sales for 2 REDSHANK 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. All of the three 2 REDSHANK 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
2022 14 JUL	£390,000	£311,946	25% above HPI
2017 28 MAR	£250,000	£211,776	18% above HPI
2012 30 MAR	£180,000	£177,208	2% above HPI

2 REDSHANK 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 REDSHANK CLOSE sales between March 2012 and July 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 2017 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 2 REDSHANK CLOSE?

2 REDSHANK CLOSE is 81m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses in Porthcawl, based on EPC data. The below chart shows the distribution of detached houses by size in Porthcawl, and where 2 REDSHANK CLOSE lies on this distribution: 14% of detached houses are smaller than 2 REDSHANK CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Porthcawl.

2 REDSHANK CLOSE: Plot and Title Map

2 REDSHANK CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 2 REDSHANK 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 REDSHANK 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 REDSHANK CLOSE?

2 REDSHANK CLOSE is located in PORTHCAWL, in the CF36 postcode district. The below map shows the position of No. 2 on REDSHANK CLOSE.