48, COMMERCIAL ROAD, MACHEN, CAERPHILLY, CF83 8PG - £175,000

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.

48 COMMERCIAL ROAD is a midsized extended detached house of 119m², built sometime between 1900 and 1929, which could now be worth an estimated £298,212. It was last sold for £175,000 in December 2015, which was around 4% below the average December 2015 detached price in the Caerphilly local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

48 COMMERCIAL ROAD Sold Prices

Land registry data shows two sales for 48 COMMERCIAL ROAD 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 48 COMMERCIAL ROAD 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
2015 2 DEC	£175,000	£182,416	4% below HPI
2000 18 AUG	£50,000	£76,077	34% below HPI

48 COMMERCIAL ROAD 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 48 COMMERCIAL ROAD sales from August 2000 and December 2015 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 August 2000 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 48 COMMERCIAL ROAD be worth now?

48 COMMERCIAL ROAD might now be worth an estimated £298,212.

This is based on house price inflation of 70.4%, between December 2015 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 70.4% inflationary increase is applied to the most recent sale price for 48 COMMERCIAL ROAD of £175,000 on 2nd December 2015. For the value to have increased from £175,000 to £298,212 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 48 COMMERCIAL ROAD has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The December 2015 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 48 COMMERCIAL ROAD has not materially changed since December 2015.

How Large is 48 COMMERCIAL ROAD?

48 COMMERCIAL ROAD is 119m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% 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 48 COMMERCIAL ROAD lies on this distribution: 48% of detached houses houses are smaller than 48 COMMERCIAL ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Machen.

48 COMMERCIAL ROAD: Plot and Title Map

48 COMMERCIAL ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 48 COMMERCIAL ROAD, 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 48 COMMERCIAL ROAD). 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 48 COMMERCIAL ROAD?

48 COMMERCIAL ROAD is located in MACHEN, in the CF83 postcode district. The below map shows the position of No. 48 on COMMERCIAL ROAD.