8, LAKESIDE GARDENS, MERTHYR TYDFIL, CF48 1EN - £308,000

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 LAKESIDE GARDENS is a very large extended detached house of 289m², built sometime between 1983 and 1990, which could now be worth an estimated £416,337. It was last sold for £308,000 in September 2018, which was around 75% above the average September 2018 detached price in the Merthyr Tydfil local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

8 LAKESIDE GARDENS Sold Prices

Land registry data shows three sales for 8 LAKESIDE GARDENS since 1^st 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. All of the three 8 LAKESIDE GARDENS 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
2018 14 SEP	£308,000	£175,940	75% above HPI
2016 15 MAR	£267,500	£145,924	83% above HPI
2002 14 OCT	£220,000	£75,540	191% above HPI

8 LAKESIDE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Merthyr Tydfil local authority area over time, sourced from the HPI. The three 8 LAKESIDE GARDENS sales between October 2002 and September 2018 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 2016 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the September 2018 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 8 LAKESIDE GARDENS be worth now?

8 LAKESIDE GARDENS might now be worth an estimated £416,337.

This is based on house price inflation of 35.2%, between September 2018 and February 2025, for detached houses, in the Merthyr Tydfil local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.2% inflationary increase is applied to the most recent sale price for 8 LAKESIDE GARDENS of £308,000 on 14th September 2018. For the value to have increased from £308,000 to £416,337 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 LAKESIDE GARDENS has moved in line with the HPI for detached houses in the Merthyr Tydfil local authority area.
• The September 2018 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAKESIDE GARDENS has not materially changed since September 2018.

How Large is 8 LAKESIDE GARDENS?

8 LAKESIDE GARDENS is 289m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses houses in Merthyr Tydfil, based on EPC data. The below chart shows the distribution of detached houses houses by size in Merthyr Tydfil, and where 8 LAKESIDE GARDENS lies on this distribution: 98% of detached houses houses are smaller than 8 LAKESIDE GARDENS, and 2% of houses are larger. Note that EPC data is not available for all properties in Merthyr Tydfil.

8 LAKESIDE GARDENS: Plot and Title Map

8 LAKESIDE GARDENS sits on a plot of roughly 0.269 of an acre, or 1,088m². The below map shows the location of 8 LAKESIDE GARDENS, 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 LAKESIDE GARDENS). 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 LAKESIDE GARDENS?

8 LAKESIDE GARDENS is located in MERTHYR TYDFIL, in the CF48 postcode district. The below map shows the position of No. 8 on LAKESIDE GARDENS.