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 RISE is a small detached house of 92m², built sometime between 1991 and 1995. It was last sold for £135,000 in May 2016, which was around 21% below the average May 2016 detached price in the Rhondda Cynon Taf local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 THE RISE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rhondda Cynon Taf local authority area for the corresponding sale date. Two of the three 2 THE RISE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2016 27 MAY | £135,000 | £170,658 | 21% below HPI |
2002 26 JUL | £79,950 | £79,532 | 1% above HPI |
1999 5 NOV | £60,500 | £67,627 | 11% below HPI |
The below graph shows the average detached house price in the Rhondda Cynon Taf local authority area over time, sourced from the HPI. The three 2 THE RISE sales between November 1999 and May 2016 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 July 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
2 THE RISE is 92m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses in Aberdare, based on EPC data. The below chart shows the distribution of detached houses by size in Aberdare, and where 2 THE RISE lies on this distribution: 23% of detached houses are smaller than 2 THE RISE, and 75% of houses are larger. Note that EPC data is not available for all properties in Aberdare.
2 THE RISE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 2 THE RISE, 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 RISE). 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.
2 THE RISE is located in ABERDARE, in the CF44 postcode district. The below map shows the position of No. 2 on THE RISE.