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
4 LOCKS LANE is a very large detached house of 375m², built sometime between 1996 and 2002. It was last sold for £1,125,000 in April 2021, which was around 329% above the average April 2021 detached price in the Bridgend local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 4 LOCKS LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. All of the four 4 LOCKS LANE 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 |
---|---|---|---|
2021 9 APR | £1,125,000 | £262,411 | 329% above HPI |
2009 11 SEP | £950,000 | £183,932 | 416% above HPI |
2007 16 MAY | £900,000 | £192,212 | 368% above HPI |
2000 17 AUG | £355,000 | £88,138 | 303% above HPI |
The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The four 4 LOCKS LANE sales between August 2000 and April 2021 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 September 2009 sale was for 416% above the HPI. So the extrapolation line tracks at 416% above the HPI over time, until the April 2021 sale, where it falls to 329% above the HPI. The line then continues to track at 329% above the HPI.
4 LOCKS LANE is 375m² according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Porthcawl, based on EPC data. The below chart shows the distribution of detached houses by size in Porthcawl, and where 4 LOCKS LANE lies on this distribution: 99% of detached houses are smaller than 4 LOCKS LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Porthcawl.
4 LOCKS LANE sits on a plot of roughly 0.326 of an acre, or 1,318m². The below map shows the location of 4 LOCKS LANE, 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 4 LOCKS LANE). 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.
4 LOCKS LANE is located in PORTHCAWL, in the CF36 postcode district. The below map shows the position of No. 4 on LOCKS LANE.