PLAS NEWYDD BUNGALOW, FIELD STREET, RHYMNEY, TREDEGAR, NP22 5PQ - £345,000

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.

PLAS NEWYDD BUNGALOW is a midsized extended detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £489,497. It was last sold for £345,000 in February 2020, which was around 57% above the average February 2020 detached price in the Caerphilly local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

PLAS NEWYDD BUNGALOW Sold Prices

Land registry data shows two sales for PLAS NEWYDD BUNGALOW 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 PLAS NEWYDD BUNGALOW sales was for above the average price, whilst the other was 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
2020 14 FEB	£345,000	£219,088	57% above HPI
1996 1 AUG	£50,000	£64,967	23% below HPI

PLAS NEWYDD BUNGALOW 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 PLAS NEWYDD BUNGALOW sales from August 1996 and February 2020 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 August 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2020 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might PLAS NEWYDD BUNGALOW be worth now?

PLAS NEWYDD BUNGALOW might now be worth an estimated £489,497.

This is based on house price inflation of 41.9%, between February 2020 and February 2025, for detached houses, in the Caerphilly local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.9% inflationary increase is applied to the most recent sale price for PLAS NEWYDD BUNGALOW of £345,000 on 14th February 2020. For the value to have increased from £345,000 to £489,497 over the five years to February 2025, the following assumptions must hold true:

• The value of PLAS NEWYDD BUNGALOW has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The February 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of PLAS NEWYDD BUNGALOW has not materially changed since February 2020.

How Large is PLAS NEWYDD BUNGALOW?

PLAS NEWYDD BUNGALOW is 127m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 50% of detached houses houses in Rhymney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rhymney, and where PLAS NEWYDD BUNGALOW lies on this distribution: 51% of detached houses houses are smaller than PLAS NEWYDD BUNGALOW, and 49% of houses are larger. Note that EPC data is not available for all properties in Rhymney.

PLAS NEWYDD BUNGALOW: Plot and Title Map

PLAS NEWYDD BUNGALOW sits on a plot of roughly 0.967 of an acre, or 3,913m². The below map shows the location of PLAS NEWYDD BUNGALOW, 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 PLAS NEWYDD BUNGALOW). 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 PLAS NEWYDD BUNGALOW?

PLAS NEWYDD BUNGALOW is located on FIELD STREET in RHYMNEY, in the NP22 postcode district. The below map shows the position of PLAS NEWYDD BUNGALOW on FIELD STREET.