3, ISLAND FARM CLOSE, BRIDGEND, CF31 3LY - £350,000

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 ISLAND FARM CLOSE is a large extended detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £470,185. It was last sold for £350,000 in September 2020, which was around 43% above the average September 2020 detached price in the Bridgend local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

3 ISLAND FARM CLOSE Sold Prices

Land registry data shows five sales for 3 ISLAND FARM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. All of the five 3 ISLAND FARM 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
2020 14 SEP	£350,000	£244,989	43% above HPI
2007 1 FEB	£320,000	£180,003	78% above HPI
2003 31 OCT	£240,000	£122,675	96% above HPI
1999 30 JUN	£150,000	£79,172	89% above HPI
1995 15 DEC	£118,000	£68,452	72% above HPI

3 ISLAND FARM 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 five 3 ISLAND FARM CLOSE sales between December 1995 and September 2020 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 February 2007 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the September 2020 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 3 ISLAND FARM CLOSE be worth now?

3 ISLAND FARM CLOSE might now be worth an estimated £470,185.

This is based on house price inflation of 34.3%, between September 2020 and February 2025, for detached houses, in the Bridgend local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.3% inflationary increase is applied to the most recent sale price for 3 ISLAND FARM CLOSE of £350,000 on 14th September 2020. For the value to have increased from £350,000 to £470,185 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 ISLAND FARM CLOSE has moved in line with the HPI for detached houses in the Bridgend local authority area.
• The September 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ISLAND FARM CLOSE has not materially changed since September 2020.

How Large is 3 ISLAND FARM CLOSE?

3 ISLAND FARM CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of detached houses houses in Bridgend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bridgend, and where 3 ISLAND FARM CLOSE lies on this distribution: 73% of detached houses houses are smaller than 3 ISLAND FARM CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

3 ISLAND FARM CLOSE: Plot and Title Map

3 ISLAND FARM CLOSE sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of 3 ISLAND FARM 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 ISLAND FARM 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 ISLAND FARM CLOSE?

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