35, CHESTNUT CLOSE, MACHEN, CAERPHILLY, CF83 8LF - £178,000

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.

35 CHESTNUT CLOSE is a small extended detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £320,969. It was last sold for £178,000 in May 2014, which was around 3% above the average May 2014 detached price in the Caerphilly local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

35 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 35 CHESTNUT 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 Caerphilly local authority area for the corresponding sale date. All of the three 35 CHESTNUT 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
2014 15 MAY	£178,000	£172,388	3% above HPI
2001 9 NOV	£88,000	£83,643	5% above HPI
1997 30 JUN	£70,500	£66,639	6% above HPI

35 CHESTNUT 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 three 35 CHESTNUT CLOSE sales between June 1997 and May 2014 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 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 35 CHESTNUT CLOSE be worth now?

35 CHESTNUT CLOSE might now be worth an estimated £320,969.

This is based on house price inflation of 80.3%, between May 2014 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 80.3% inflationary increase is applied to the most recent sale price for 35 CHESTNUT CLOSE of £178,000 on 15th May 2014. For the value to have increased from £178,000 to £320,969 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 35 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The May 2014 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 35 CHESTNUT CLOSE has not materially changed since May 2014.

How Large is 35 CHESTNUT CLOSE?

35 CHESTNUT CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses houses in Machen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Machen, and where 35 CHESTNUT CLOSE lies on this distribution: 37% of detached houses houses are smaller than 35 CHESTNUT CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Machen.

35 CHESTNUT CLOSE: Plot and Title Map

35 CHESTNUT CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 35 CHESTNUT 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 35 CHESTNUT 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 35 CHESTNUT CLOSE?

35 CHESTNUT CLOSE is located in MACHEN, in the CF83 postcode district. The below map shows the position of No. 35 on CHESTNUT CLOSE.