SCHOOL BUNGALOW, HONEYFIELD ROAD, RASSAU, EBBW VALE, NP23 5TA - £175,000

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

SCHOOL BUNGALOW is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £175,000 in June 2019, which was around 15% above the average June 2019 detached price in the Blaenau Gwent local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

SCHOOL BUNGALOW Sold Prices

Land registry data shows two sales for SCHOOL 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 Blaenau Gwent local authority area for the corresponding sale date. One of the two SCHOOL 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
2019 17 JUN	£175,000	£151,762	15% above HPI
2016 25 AUG	£78,500	£130,257	40% below HPI

SCHOOL BUNGALOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaenau Gwent local authority area over time, sourced from the HPI. The two SCHOOL BUNGALOW sales from August 2016 and June 2019 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 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2019 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is SCHOOL BUNGALOW?

SCHOOL BUNGALOW is 90m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Ebbw Vale, based on EPC data. The below chart shows the distribution of detached houses by size in Ebbw Vale, and where SCHOOL BUNGALOW lies on this distribution: 33% of detached houses are smaller than SCHOOL BUNGALOW, and 67% of houses are larger. Note that EPC data is not available for all properties in Ebbw Vale.

SCHOOL BUNGALOW: Plot and Title Map

SCHOOL BUNGALOW sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL BUNGALOW?

SCHOOL BUNGALOW is located on HONEYFIELD ROAD in RASSAU, in the NP23 postcode district. The below map shows the position of SCHOOL BUNGALOW on HONEYFIELD ROAD.