23, CHAPEL BANKS, GEORGETOWN, MERTHYR TYDFIL, CF48 1BP - £187,000

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.

23 CHAPEL BANKS is a very small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £233,257. It was last sold for £187,000 in October 2019, which was around 2% below the average October 2019 detached price in the Merthyr Tydfil local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

23 CHAPEL BANKS Sold Prices

Land registry data shows two sales for 23 CHAPEL BANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Merthyr Tydfil local authority area for the corresponding sale date. One of the two 23 CHAPEL BANKS sales was for below the average price, whilst the other 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
2019 11 OCT	£187,000	£190,663	2% below HPI
2015 27 AUG	£168,000	£147,806	14% above HPI

23 CHAPEL BANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Merthyr Tydfil local authority area over time, sourced from the HPI. The two 23 CHAPEL BANKS sales from August 2015 and October 2019 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 August 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 23 CHAPEL BANKS be worth now?

23 CHAPEL BANKS might now be worth an estimated £233,257.

This is based on house price inflation of 24.7%, between October 2019 and February 2025, for detached houses, in the Merthyr Tydfil local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 23 CHAPEL BANKS of £187,000 on 11th October 2019. For the value to have increased from £187,000 to £233,257 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 CHAPEL BANKS has moved in line with the HPI for detached houses in the Merthyr Tydfil local authority area.
• The October 2019 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHAPEL BANKS has not materially changed since October 2019.

How Large is 23 CHAPEL BANKS?

23 CHAPEL BANKS is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses houses in Merthyr Tydfil, based on EPC data. The below chart shows the distribution of detached houses houses by size in Merthyr Tydfil, and where 23 CHAPEL BANKS lies on this distribution: 8% of detached houses houses are smaller than 23 CHAPEL BANKS, and 90% of houses are larger. Note that EPC data is not available for all properties in Merthyr Tydfil.

23 CHAPEL BANKS: Plot and Title Map

23 CHAPEL BANKS sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 23 CHAPEL BANKS, 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 23 CHAPEL BANKS). 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 23 CHAPEL BANKS?

23 CHAPEL BANKS is located in GEORGETOWN, in the CF48 postcode district. The below map shows the position of No. 23 on CHAPEL BANKS.