74, CHESTER CLOSE, NEW INN, PONTYPOOL, NP4 0LU - £180,000

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.

74 CHESTER CLOSE is a very small semi-detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £192,456. It was last sold for £180,000 in November 2021, which was around 3% below the average November 2021 semi-detached price in the Torfaen local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was A.

74 CHESTER CLOSE Sold Prices

Land registry data shows seven sales for 74 CHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Torfaen local authority area for the corresponding sale date. Most of the seven 74 CHESTER CLOSE 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 23 NOV	£180,000	£184,648	3% below HPI
2021 16 NOV	£178,000	£184,648	4% below HPI
2017 24 MAY	£137,500	£128,579	7% above HPI
2011 26 MAY	£123,000	£118,138	4% above HPI
2005 24 JUN	£126,500	£115,745	9% above HPI
2001 1 OCT	£59,950	£52,884	13% above HPI
2000 24 MAR	£51,250	£46,687	10% above HPI

74 CHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Torfaen local authority area over time, sourced from the HPI. The seven 74 CHESTER CLOSE sales between March 2000 and November 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 November 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 74 CHESTER CLOSE be worth now?

74 CHESTER CLOSE might now be worth an estimated £192,456.

This is based on house price inflation of 6.9%, between November 2021 and February 2025, for semi-detached houses, in the Torfaen local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% inflationary increase is applied to the most recent sale price for 74 CHESTER CLOSE of £180,000 on 23rd November 2021. For the value to have increased from £180,000 to £192,456 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 74 CHESTER CLOSE has moved in line with the HPI for semi-detached houses in the Torfaen local authority area.
• The November 2021 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 74 CHESTER CLOSE has not materially changed since November 2021.

How Large is 74 CHESTER CLOSE?

74 CHESTER CLOSE is 55m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of semi-detached houses houses in Pontypool, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pontypool, and where 74 CHESTER CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 74 CHESTER CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

74 CHESTER CLOSE: Plot and Title Map

74 CHESTER CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 74 CHESTER CLOSE, 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 CHESTER CLOSE). 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 74 CHESTER CLOSE?

74 CHESTER CLOSE is located in NEW INN, in the NP4 postcode district. The below map shows the position of No. 74 on CHESTER CLOSE.