Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
74 CAROLINE ROAD is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £173,000 in January 2019, which was around 30% below the average January 2019 detached price in the Torfaen local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 74 CAROLINE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. All of the three 74 CAROLINE 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 |
---|---|---|---|
2019 4 JAN | £173,000 | £246,784 | 30% below HPI |
2012 7 DEC | £130,000 | £193,379 | 33% below HPI |
2003 19 DEC | £126,000 | £151,600 | 17% below HPI |
The below graph shows the average detached house price in the Torfaen local authority area over time, sourced from the HPI. The three 74 CAROLINE ROAD sales between December 2003 and January 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 December 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
74 CAROLINE ROAD is 74m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of detached houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses by size in Pontypool, and where 74 CAROLINE ROAD lies on this distribution: 4% of detached houses are smaller than 74 CAROLINE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Pontypool.
74 CAROLINE ROAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 74 CAROLINE 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 74 CAROLINE 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.
74 CAROLINE ROAD is located in NEW INN, in the NP4 postcode district. The below map shows the position of No. 74 on CAROLINE ROAD.