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 VILLAGE LANE is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £159,995 in April 2018, which was around 12% above the average April 2018 detached price in the Blaenau Gwent local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 VILLAGE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaenau Gwent local authority area for the corresponding sale date. Both of the two 2 VILLAGE LANE 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 13 APR | £159,995 | £142,465 | 12% above HPI |
1998 28 OCT | £62,950 | £48,875 | 29% above HPI |
The below graph shows the average detached house price in the Blaenau Gwent local authority area over time, sourced from the HPI. The two 2 VILLAGE LANE sales from October 1998 and April 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 October 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2018 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.
2 VILLAGE LANE is 69m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Ebbw Vale, based on EPC data. The below chart shows the distribution of detached houses by size in Ebbw Vale, and where 2 VILLAGE LANE lies on this distribution: 4% of detached houses are smaller than 2 VILLAGE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ebbw Vale.
2 VILLAGE LANE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 2 VILLAGE LANE, 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 VILLAGE LANE). 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 VILLAGE LANE is located in VICTORIA, in the NP23 postcode district. The below map shows the position of No. 2 on VILLAGE LANE.