THEL AIR, TAFWYS WALK, CAERPHILLY, CF83 3FJ - £240,000

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.

THEL AIR is a very small detached house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £258,212. It was last sold for £240,000 in September 2022, which was around 17% below the average September 2022 detached price in the Caerphilly local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

THEL AIR Sold Prices

Land registry data shows two sales for THEL AIR 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. Both of the two THEL AIR sales were 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
2022 8 SEP	£240,000	£288,925	17% below HPI
2020 6 NOV	£185,000	£233,161	21% below HPI

THEL AIR 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 THEL AIR sales from November 2020 and September 2022 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 November 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might THEL AIR be worth now?

THEL AIR might now be worth an estimated £258,212.

This is based on house price inflation of 7.6%, between September 2022 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 7.6% inflationary increase is applied to the most recent sale price for THEL AIR of £240,000 on 8th September 2022. For the value to have increased from £240,000 to £258,212 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of THEL AIR has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The September 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of THEL AIR has not materially changed since September 2022.

How Large is THEL AIR?

THEL AIR is 60m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Caerphilly, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caerphilly, and where THEL AIR lies on this distribution: 3% of detached houses houses are smaller than THEL AIR, and 97% of houses are larger. Note that EPC data is not available for all properties in Caerphilly.

THEL AIR: Plot and Title Map

THEL AIR sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of THEL AIR, 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 THEL AIR). 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 THEL AIR?

THEL AIR is located on TAFWYS WALK in CAERPHILLY, in the CF83 postcode district. The below map shows the position of THEL AIR on TAFWYS WALK.