SPRINGFIELD, COMMERCIAL STREET, PENGAM, BLACKWOOD, NP12 3UA - £245,000

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

SPRINGFIELD is a large detached house of 174m², built sometime between 1900 and 1929. It was last sold for £245,000 in May 2018, which was around 18% above the average May 2018 detached price in the Caerphilly local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

SPRINGFIELD Sold Prices

Land registry data shows four sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. Most of the four SPRINGFIELD 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
2018 23 MAY	£245,000	£207,103	18% above HPI
2004 20 DEC	£210,000	£162,944	29% above HPI
1998 28 SEP	£58,095	£73,693	21% below HPI
1995 17 NOV	£72,000	£61,760	17% above HPI

SPRINGFIELD 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 four SPRINGFIELD sales between November 1995 and May 2018 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 December 2004 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 174m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses in Pengam, based on EPC data. The below chart shows the distribution of detached houses by size in Pengam, and where SPRINGFIELD lies on this distribution: 77% of detached houses are smaller than SPRINGFIELD, and 23% of houses are larger. Note that EPC data is not available for all properties in Pengam.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on COMMERCIAL STREET in PENGAM, in the NP12 postcode district. The below map shows the position of SPRINGFIELD on COMMERCIAL STREET.