2, THE AVENUE, NEW INN, PONTYPOOL, NP4 0QH - £230,000

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 THE AVENUE is a very large extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £230,000 in September 2012, which was around 20% above the average September 2012 detached price in the Torfaen local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

2 THE AVENUE Sold Prices

Land registry data shows four sales for 2 THE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. All of the four 2 THE AVENUE 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
2012 18 SEP	£230,000	£191,440	20% above HPI
2008 6 JUN	£235,000	£208,846	13% above HPI
2007 31 OCT	£272,000	£222,985	22% above HPI
2004 10 SEP	£225,000	£181,802	24% above HPI

2 THE AVENUE 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 four 2 THE AVENUE sales between September 2004 and September 2012 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 June 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2012 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 THE AVENUE?

2 THE AVENUE is 139m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses by size in Pontypool, and where 2 THE AVENUE lies on this distribution: 80% of detached houses are smaller than 2 THE AVENUE, and 20% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

2 THE AVENUE: Plot and Title Map

2 THE AVENUE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 2 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

2 THE AVENUE is located in NEW INN, in the NP4 postcode district. The below map shows the position of No. 2 on THE AVENUE.