3, GRIFFIN DRIVE, PENALLTA, HENGOED, CF82 6AB - £286,000

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.

3 GRIFFIN DRIVE is a large extended detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £309,629. It was last sold for £286,000 in August 2022, which was about the average August 2022 detached price in the Caerphilly local authority area. The most recent EPC inspection was February 2022, where the current energy rating was B, and the potential energy rating was B.

3 GRIFFIN DRIVE Sold Prices

Land registry data shows two sales for 3 GRIFFIN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. One of the two 3 GRIFFIN DRIVE sales was roughly equal to 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
2022 5 AUG	£286,000	£287,127	Close to HPI
2007 13 DEC	£200,335	£183,356	9% above HPI

3 GRIFFIN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Caerphilly local authority area over time, sourced from the HPI. The two 3 GRIFFIN DRIVE sales from December 2007 and August 2022 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 December 2007 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 GRIFFIN DRIVE be worth now?

3 GRIFFIN DRIVE might now be worth an estimated £309,629.

This is based on house price inflation of 8.3%, between August 2022 and February 2025, for detached houses, in the Caerphilly local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.3% inflationary increase is applied to the most recent sale price for 3 GRIFFIN DRIVE of £286,000 on 5th August 2022. For the value to have increased from £286,000 to £309,629 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 3 GRIFFIN DRIVE has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The August 2022 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GRIFFIN DRIVE has not materially changed since August 2022.

How Large is 3 GRIFFIN DRIVE?

3 GRIFFIN DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses houses in Ystrad Mynach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ystrad Mynach, and where 3 GRIFFIN DRIVE lies on this distribution: 65% of detached houses houses are smaller than 3 GRIFFIN DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Ystrad Mynach.

3 GRIFFIN DRIVE: Plot and Title Map

3 GRIFFIN DRIVE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 3 GRIFFIN DRIVE, 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 GRIFFIN DRIVE). 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 GRIFFIN DRIVE?

3 GRIFFIN DRIVE is located in PENALLTA, in the CF82 postcode district. The below map shows the position of No. 3 on GRIFFIN DRIVE.