3, MARKET CLOSE, NELSON, TREHARRIS, CF46 6AZ - £237,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MARKET CLOSE is a large detached house of 119m², built sometime between 2007 and 2011. It was last sold for £237,000 in August 2017, which was around 16% above the average August 2017 detached price in the Caerphilly local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

3 MARKET CLOSE Sold Prices

Land registry data shows two sales for 3 MARKET CLOSE 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. Both of the two 3 MARKET 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
2017 11 AUG	£237,000	£203,548	16% above HPI
2010 26 NOV	£189,950	£167,638	13% above HPI

3 MARKET CLOSE 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 MARKET CLOSE sales from November 2010 and August 2017 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 November 2010 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2017 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 3 MARKET CLOSE?

3 MARKET CLOSE is 119m² according to the EPC inspection conducted in November 2023. This puts it in the largest 40% of detached houses in Nelson, based on EPC data. The below chart shows the distribution of detached houses by size in Nelson, and where 3 MARKET CLOSE lies on this distribution: 69% of detached houses are smaller than 3 MARKET CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Nelson.

3 MARKET CLOSE: Plot and Title Map

3 MARKET CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 3 MARKET 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 MARKET 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 MARKET CLOSE?

3 MARKET CLOSE is located in NELSON, in the CF46 postcode district. The below map shows the position of No. 3 on MARKET CLOSE.