HAND FARM, HAND FARM ROAD, NEW INN, PONTYPOOL, NP4 0RD - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HAND FARM is a very large extended detached house of 264m², built sometime before 1900. It was last sold for £485,000 in December 2021, which was around 61% above the average December 2021 detached price in the Torfaen local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

HAND FARM Sold Prices

Land registry data shows two sales for HAND FARM 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 HAND FARM 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 6 DEC	£485,000	£300,316	61% above HPI
1997 30 OCT	£80,000	£75,027	7% above HPI

HAND FARM 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 HAND FARM sales from October 1997 and December 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 October 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2021 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is HAND FARM?

HAND FARM is 264m², which includes two extensions, according to the EPC inspection conducted in May 2019. 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 HAND FARM lies on this distribution: 99% of detached houses are smaller than HAND FARM, and 1% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

HAND FARM: Plot and Title Map

HAND FARM sits on a plot of roughly 0.242 of an acre, or 978m². The below map shows the location of HAND FARM, 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 HAND FARM). 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 HAND FARM?

HAND FARM is located on HAND FARM ROAD in NEW INN, in the NP4 postcode district. The below map shows the position of HAND FARM on HAND FARM ROAD.