CHERRY LYN, NEW BRYNGWYN ROAD, NEWBRIDGE, NEWPORT, NP11 4NF - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CHERRY LYN is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £195,000 in November 2016, which was about the average November 2016 detached price in the Caerphilly local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

CHERRY LYN Sold Prices

Land registry data shows two sales for CHERRY LYN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. One of the two CHERRY LYN sales was roughly equal to the average price, whilst the other was 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
2016 23 NOV	£195,000	£194,279	Close to HPI
2001 29 JUN	£89,000	£81,183	10% above HPI

CHERRY LYN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Caerphilly local authority area over time, sourced from the HPI. The two CHERRY LYN sales from June 2001 and November 2016 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 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is CHERRY LYN?

CHERRY LYN is 89m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Newbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Newbridge, and where CHERRY LYN lies on this distribution: 31% of detached houses are smaller than CHERRY LYN, and 67% of houses are larger. Note that EPC data is not available for all properties in Newbridge.

CHERRY LYN: Plot and Title Map

CHERRY LYN sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of CHERRY LYN, 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 CHERRY LYN). 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 CHERRY LYN?

CHERRY LYN is located on NEW BRYNGWYN ROAD in NEWBRIDGE, in the NP11 postcode district. The below map shows the position of CHERRY LYN on NEW BRYNGWYN ROAD.