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

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.

SCHOOL BUNGALOW is a small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £270,362. It was last sold for £175,000 in June 2019, which was around 17% 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	£149,788	17% above HPI
2016 25 AUG	£78,500	£128,562	39% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might SCHOOL BUNGALOW be worth now?

SCHOOL BUNGALOW might now be worth an estimated £270,362.

This is based on house price inflation of 54.5%, between June 2019 and February 2025, for detached houses, in the Blaenau Gwent local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.5% inflationary increase is applied to the most recent sale price for SCHOOL BUNGALOW of £175,000 on 17th June 2019. For the value to have increased from £175,000 to £270,362 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of SCHOOL BUNGALOW has moved in line with the HPI for detached houses in the Blaenau Gwent local authority area.
• The June 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL BUNGALOW has not materially changed since June 2019.

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 houses in Ebbw Vale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ebbw Vale, and where SCHOOL BUNGALOW lies on this distribution: 32% of detached houses 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.