8, CAE MELIN, LITTLE MILL, PONTYPOOL, NP4 0HX - £375,000

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.

8 CAE MELIN is a very small detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £420,888. It was last sold for £375,000 in December 2021, which was around 14% below the average December 2021 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

8 CAE MELIN Sold Prices

Land registry data shows four sales for 8 CAE MELIN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Most of the four 8 CAE MELIN 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
2021 14 DEC	£375,000	£438,355	14% below HPI
2017 21 JUL	£250,000	£336,183	26% below HPI
2004 17 AUG	£202,000	£246,262	18% below HPI
1999 9 NOV	£124,950	£117,234	7% above HPI

8 CAE MELIN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The four 8 CAE MELIN sales between November 1999 and December 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 July 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 CAE MELIN be worth now?

8 CAE MELIN might now be worth an estimated £420,888.

This is based on house price inflation of 12.2%, between December 2021 and February 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for 8 CAE MELIN of £375,000 on 14th December 2021. For the value to have increased from £375,000 to £420,888 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 CAE MELIN has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The December 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CAE MELIN has not materially changed since December 2021.

How Large is 8 CAE MELIN?

8 CAE MELIN is 115m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses houses in Little Mill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Mill, and where 8 CAE MELIN lies on this distribution: 17% of detached houses houses are smaller than 8 CAE MELIN, and 83% of houses are larger. Note that EPC data is not available for all properties in Little Mill.

8 CAE MELIN: Plot and Title Map

8 CAE MELIN sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 8 CAE MELIN, 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 8 CAE MELIN). 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 8 CAE MELIN?

8 CAE MELIN is located in LITTLE MILL, in the NP4 postcode district. The below map shows the position of No. 8 on CAE MELIN.