55, MAERDY PARK, PENCOED, BRIDGEND, CF35 5HX - £225,000

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.

55 MAERDY PARK is a midsized detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £326,300. It was last sold for £225,000 in July 2019, which was around 1% below the average July 2019 detached price in the Bridgend local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

55 MAERDY PARK Sold Prices

Land registry data shows two sales for 55 MAERDY PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. Both of the two 55 MAERDY PARK 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
2019 31 JUL	£225,000	£226,941	1% below HPI
2012 22 MAR	£164,000	£169,267	3% below HPI

55 MAERDY PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The two 55 MAERDY PARK sales from March 2012 and July 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 March 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2019 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 55 MAERDY PARK be worth now?

55 MAERDY PARK might now be worth an estimated £326,300.

This is based on house price inflation of 45%, between July 2019 and February 2025, for detached houses, in the Bridgend local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45% inflationary increase is applied to the most recent sale price for 55 MAERDY PARK of £225,000 on 31st July 2019. For the value to have increased from £225,000 to £326,300 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 55 MAERDY PARK has moved in line with the HPI for detached houses in the Bridgend local authority area.
• The July 2019 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 55 MAERDY PARK has not materially changed since July 2019.

How Large is 55 MAERDY PARK?

55 MAERDY PARK is 125m² according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses houses in Pencoed, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pencoed, and where 55 MAERDY PARK lies on this distribution: 57% of detached houses houses are smaller than 55 MAERDY PARK, and 43% of houses are larger. Note that EPC data is not available for all properties in Pencoed.

55 MAERDY PARK: Plot and Title Map

55 MAERDY PARK sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 55 MAERDY PARK, 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 55 MAERDY PARK). 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 55 MAERDY PARK?

55 MAERDY PARK is located in PENCOED, in the CF35 postcode district. The below map shows the position of No. 55 on MAERDY PARK.