34, CAE MELYN, HENGOED, CF82 7RT - £185,000

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

34 CAE MELYN is a very small semi-detached house of 74m², built sometime between 2003 and 2006. It was last sold for £185,000 in June 2022, which was around 35% below the average June 2022 detached price in the Caerphilly local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

34 CAE MELYN Sold Prices

Land registry data shows three sales for 34 CAE MELYN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. All of the three 34 CAE MELYN sales were for below 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 6 JUN	£185,000	£284,037	35% below HPI
2015 20 NOV	£133,500	£193,265	31% below HPI
2006 13 APR	£125,000	£177,289	29% below HPI

34 CAE MELYN 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 three 34 CAE MELYN sales between April 2006 and June 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 November 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 34 CAE MELYN?

34 CAE MELYN is 74m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Ystrad Mynach, based on EPC data. The below chart shows the distribution of detached houses by size in Ystrad Mynach, and where 34 CAE MELYN lies on this distribution: 7% of detached houses are smaller than 34 CAE MELYN, and 92% of houses are larger. Note that EPC data is not available for all properties in Ystrad Mynach.

34 CAE MELYN: Plot and Title Map

34 CAE MELYN sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 34 CAE MELYN, 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 34 CAE MELYN). 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 34 CAE MELYN?

34 CAE MELYN is located in HENGOED, in the CF82 postcode district. The below map shows the position of No. 34 on CAE MELYN.