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
5 PEN CERRIG RISE is a very small detached house of 80m², built sometime from 2007 onwards. It was last sold for £190,000 in November 2019, which was around 2% below the average November 2019 detached price in the Merthyr Tydfil local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 5 PEN CERRIG RISE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Merthyr Tydfil local authority area for the corresponding sale date. One of the three 5 PEN CERRIG RISE sales was for below the average price, whilst two 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 |
---|---|---|---|
2019 7 NOV | £190,000 | £193,367 | 2% below HPI |
2016 20 MAY | £160,000 | £153,354 | 4% above HPI |
2007 28 SEP | £172,000 | £163,603 | 5% above HPI |
The below graph shows the average detached house price in the Merthyr Tydfil local authority area over time, sourced from the HPI. The three 5 PEN CERRIG RISE sales between September 2007 and November 2019 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 May 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
5 PEN CERRIG RISE is 80m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Merthyr Tydfil, based on EPC data. The below chart shows the distribution of detached houses by size in Merthyr Tydfil, and where 5 PEN CERRIG RISE lies on this distribution: 11% of detached houses are smaller than 5 PEN CERRIG RISE, and 88% of houses are larger. Note that EPC data is not available for all properties in Merthyr Tydfil.
5 PEN CERRIG RISE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 5 PEN CERRIG RISE, 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 5 PEN CERRIG RISE). 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.
5 PEN CERRIG RISE is located in HEOLGERRIG, in the CF48 postcode district. The below map shows the position of No. 5 on PEN CERRIG RISE.