8, MAERDY PARK, PENCOED, BRIDGEND, CF35 5HJ - £230,000

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

8 MAERDY PARK is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £230,000 in August 2017, which was around 3% above the average August 2017 detached price in the Bridgend local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

8 MAERDY PARK Sold Prices

Land registry data shows two sales for 8 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 8 MAERDY PARK 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
2017 10 AUG	£230,000	£224,365	3% above HPI
2016 6 SEP	£219,000	£206,751	6% above HPI

8 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 8 MAERDY PARK sales from September 2016 and August 2017 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 September 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2017 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 8 MAERDY PARK?

8 MAERDY PARK is 116m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses in Pencoed, based on EPC data. The below chart shows the distribution of detached houses by size in Pencoed, and where 8 MAERDY PARK lies on this distribution: 47% of detached houses are smaller than 8 MAERDY PARK, and 52% of houses are larger. Note that EPC data is not available for all properties in Pencoed.

8 MAERDY PARK: Plot and Title Map

8 MAERDY PARK sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 8 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 8 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 8 MAERDY PARK?

8 MAERDY PARK is located in PENCOED, in the CF35 postcode district. The below map shows the position of No. 8 on MAERDY PARK.