9, PALM CLOSE, NEW INN, PONTYPOOL, NP4 0DE - £235,000

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.

9 PALM CLOSE is a small detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £335,715. It was last sold for £235,000 in July 2017, which was around 6% above the average July 2017 detached price in the Torfaen local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

9 PALM CLOSE Sold Prices

Land registry data shows five sales for 9 PALM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. The five 9 PALM CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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
2017 14 JUL	£235,000	£221,757	6% above HPI
2011 24 JUN	£173,000	£200,786	14% below HPI
2010 30 JUN	£190,000	£201,231	6% below HPI
2000 24 NOV	£94,500	£94,380	Close to HPI
2000 18 JAN	£87,000	£82,311	6% above HPI

9 PALM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Torfaen local authority area over time, sourced from the HPI. The five 9 PALM CLOSE sales between January 2000 and July 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 June 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2017 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 9 PALM CLOSE be worth now?

9 PALM CLOSE might now be worth an estimated £335,715.

This is based on house price inflation of 42.9%, between July 2017 and February 2025, for 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 42.9% inflationary increase is applied to the most recent sale price for 9 PALM CLOSE of £235,000 on 14th July 2017. For the value to have increased from £235,000 to £335,715 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 9 PALM CLOSE has moved in line with the HPI for detached houses in the Torfaen local authority area.
• The July 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PALM CLOSE has not materially changed since July 2017.

How Large is 9 PALM CLOSE?

9 PALM CLOSE is 104m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pontypool, and where 9 PALM CLOSE lies on this distribution: 30% of detached houses houses are smaller than 9 PALM CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

9 PALM CLOSE: Plot and Title Map

9 PALM CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 9 PALM 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 9 PALM 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 9 PALM CLOSE?

9 PALM CLOSE is located in NEW INN, in the NP4 postcode district. The below map shows the position of No. 9 on PALM CLOSE.