ERISKAY, PONTHIR, NEWPORT, NP18 1PG - £460,000

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.

ERISKAY is a very large extended detached house of 254m², built sometime between 1950 and 1966, which could now be worth an estimated £481,655. It was last sold for £460,000 in February 2022, which was around 52% above the average February 2022 detached price in the Torfaen local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

ERISKAY Sold Prices

Land registry data shows three sales for ERISKAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. All of the three ERISKAY 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
2022 16 FEB	£460,000	£302,553	52% above HPI
2016 19 DEC	£405,000	£219,629	84% above HPI
2008 28 MAR	£245,000	£213,854	15% above HPI

ERISKAY 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 three ERISKAY sales between March 2008 and February 2022 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 December 2016 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the February 2022 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might ERISKAY be worth now?

ERISKAY might now be worth an estimated £481,655.

This is based on house price inflation of 4.7%, between February 2022 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 4.7% inflationary increase is applied to the most recent sale price for ERISKAY of £460,000 on 16th February 2022. For the value to have increased from £460,000 to £481,655 over the three years to February 2025, the following assumptions must hold true:

• The value of ERISKAY has moved in line with the HPI for detached houses in the Torfaen local authority area.
• The February 2022 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of ERISKAY has not materially changed since February 2022.

How Large is ERISKAY?

ERISKAY is 254m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses houses in Ponthir, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ponthir, and where ERISKAY lies on this distribution: 98% of detached houses houses are smaller than ERISKAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Ponthir.

ERISKAY: Plot and Title Map

ERISKAY sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of ERISKAY, 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 ERISKAY). 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 ERISKAY?

ERISKAY is located in PONTHIR, in the NP18 postcode district. The below map shows the position of ERISKAY in PONTHIR.