SHANGRILA, LEIGH ROAD, TREVETHIN, PONTYPOOL, NP4 8HY - £153,000

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

SHANGRILA is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £153,000 in March 2006, which was around 22% below the average March 2006 detached price in the Torfaen local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

SHANGRILA Sold Prices

Land registry data shows three sales for SHANGRILA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. Two of the three SHANGRILA sales were for below the average price, whilst one was 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
2006 3 MAR	£153,000	£197,047	22% below HPI
2003 24 JUN	£137,500	£131,608	4% above HPI
2002 7 AUG	£79,000	£105,547	25% below HPI

SHANGRILA 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 three SHANGRILA sales between August 2002 and March 2006 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 June 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2006 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is SHANGRILA?

SHANGRILA is 96m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses by size in Pontypool, and where SHANGRILA lies on this distribution: 23% of detached houses are smaller than SHANGRILA, and 77% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

SHANGRILA: Plot and Title Map

SHANGRILA sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of SHANGRILA, 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 SHANGRILA). 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 SHANGRILA?

SHANGRILA is located on LEIGH ROAD in TREVETHIN, in the NP4 postcode district. The below map shows the position of SHANGRILA on LEIGH ROAD.