FIRTREE COTTAGE, 2, HILLSIDE TERRACE, BLACKWOOD, NP12 1PS - £225,000

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

FIRTREE COTTAGE is a very small detached house of 74m², built sometime between 1900 and 1929. It was last sold for £225,000 in July 2023, which was around 24% below the average July 2023 detached price in the Caerphilly local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

FIRTREE COTTAGE Sold Prices

Land registry data shows four sales for FIRTREE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. All of the four FIRTREE COTTAGE sales were for 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
2023 3 JUL	£225,000	£295,626	24% below HPI
2022 31 MAY	£116,000	£278,693	58% below HPI
2008 5 SEP	£125,000	£171,315	27% below HPI
2002 27 MAY	£49,995	£88,810	44% below HPI

FIRTREE COTTAGE 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 four FIRTREE COTTAGE sales between May 2002 and July 2023 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 May 2022 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is FIRTREE COTTAGE?

FIRTREE COTTAGE is 74m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in Blackwood, based on EPC data. The below chart shows the distribution of detached houses by size in Blackwood, and where FIRTREE COTTAGE lies on this distribution: 9% of detached houses are smaller than FIRTREE COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Blackwood.

FIRTREE COTTAGE: Plot and Title Map

FIRTREE COTTAGE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of FIRTREE COTTAGE, 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 FIRTREE COTTAGE). 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 FIRTREE COTTAGE?

FIRTREE COTTAGE is located on HILLSIDE TERRACE in BLACKWOOD, in the NP12 postcode district. The below map shows the position of FIRTREE COTTAGE on HILLSIDE TERRACE.