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

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 THE AVENUE is a very large extended detached house of 139m², built sometime between 1900 and 1929, which could now be worth an estimated £379,462. 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	£192,017	20% above HPI
2008 6 JUN	£235,000	£209,475	12% above HPI
2007 31 OCT	£272,000	£223,657	22% above HPI
2004 10 SEP	£225,000	£182,350	23% 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 12% above the HPI. So the extrapolation line tracks at 12% 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.

What might 2 THE AVENUE be worth now?

2 THE AVENUE might now be worth an estimated £379,462.

This is based on house price inflation of 65%, between September 2012 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 65% inflationary increase is applied to the most recent sale price for 2 THE AVENUE of £230,000 on 18th September 2012. For the value to have increased from £230,000 to £379,462 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 THE AVENUE has moved in line with the HPI for detached houses in the Torfaen local authority area.
• The September 2012 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE AVENUE has not materially changed since September 2012.

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 houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pontypool, and where 2 THE AVENUE lies on this distribution: 80% of detached houses 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.