3, FAIRPLACE CLOSE, BRIDGEND, CF31 5BY - £318,000

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

3 FAIRPLACE CLOSE is a midsized detached house of 114m², built sometime between 2003 and 2006. It was last sold for £318,000 in May 2023, which was around 1% above the average May 2023 detached price in the Bridgend local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

3 FAIRPLACE CLOSE Sold Prices

Land registry data shows three sales for 3 FAIRPLACE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. All of the three 3 FAIRPLACE CLOSE 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
2023 12 MAY	£318,000	£313,455	1% above HPI
2016 7 JUN	£239,500	£206,164	16% above HPI
2004 28 JUN	£178,000	£147,380	21% above HPI

3 FAIRPLACE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The three 3 FAIRPLACE CLOSE sales between June 2004 and May 2023 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 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 FAIRPLACE CLOSE?

3 FAIRPLACE CLOSE is 114m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Bridgend, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgend, and where 3 FAIRPLACE CLOSE lies on this distribution: 54% of detached houses are smaller than 3 FAIRPLACE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

3 FAIRPLACE CLOSE: Plot and Title Map

3 FAIRPLACE CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 3 FAIRPLACE CLOSE, 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 3 FAIRPLACE CLOSE). 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 3 FAIRPLACE CLOSE?

3 FAIRPLACE CLOSE is located in BRIDGEND, in the CF31 postcode district. The below map shows the position of No. 3 on FAIRPLACE CLOSE.