FIRBANK, MOUNTAIN LANE, GRIFFITHSTOWN, PONTYPOOL, NP4 5LW - £370,000

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

FIRBANK is a very large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £370,000 in June 2021, which was around 32% above the average June 2021 detached price in the Torfaen local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

FIRBANK Sold Prices

Land registry data shows two sales for FIRBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. Both of the two FIRBANK 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
2021 28 JUN	£370,000	£280,027	32% above HPI
1995 30 NOV	£90,000	£65,491	37% above HPI

FIRBANK 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 two FIRBANK sales from November 1995 and June 2021 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 November 1995 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is FIRBANK?

FIRBANK is 174m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 10% of detached houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses by size in Pontypool, and where FIRBANK lies on this distribution: 93% of detached houses are smaller than FIRBANK, and 7% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

FIRBANK: Plot and Title Map

FIRBANK sits on a plot of roughly 0.381 of an acre, or 1,543m². The below map shows the location of FIRBANK, 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 FIRBANK). 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 FIRBANK?

FIRBANK is located on MOUNTAIN LANE in GRIFFITHSTOWN, in the NP4 postcode district. The below map shows the position of FIRBANK on MOUNTAIN LANE.