1, RIVERSIDE TERRACE, MACHEN, CAERPHILLY, CF83 8NE - £185,000

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.

1 RIVERSIDE TERRACE is a very small extended terraced house of 81m², built sometime before 1900, which could now be worth an estimated £202,241. It was last sold for £185,000 in September 2022, which was around 20% above the average September 2022 terraced price in the Caerphilly local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

1 RIVERSIDE TERRACE Sold Prices

Land registry data shows two sales for 1 RIVERSIDE TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Caerphilly local authority area for the corresponding sale date. One of the two 1 RIVERSIDE TERRACE 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
2022 15 SEP	£185,000	£153,793	20% above HPI
1997 7 MAR	£30,000	£31,044	3% below HPI

1 RIVERSIDE TERRACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Caerphilly local authority area over time, sourced from the HPI. The two 1 RIVERSIDE TERRACE sales from March 1997 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 March 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1 RIVERSIDE TERRACE be worth now?

1 RIVERSIDE TERRACE might now be worth an estimated £202,241.

This is based on house price inflation of 9.3%, between September 2022 and July 2026, for terraced 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 9.3% inflationary increase is applied to the most recent sale price for 1 RIVERSIDE TERRACE of £185,000 on 15th September 2022. For the value to have increased from £185,000 to £202,241 over the four years and two months to July 2026, the following assumptions must hold true:

• The value of 1 RIVERSIDE TERRACE has moved in line with the HPI for terraced houses in the Caerphilly local authority area.
• The September 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RIVERSIDE TERRACE has not materially changed since September 2022.

How Large is 1 RIVERSIDE TERRACE?

1 RIVERSIDE TERRACE is 81m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of terraced houses houses in Machen, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Machen, and where 1 RIVERSIDE TERRACE lies on this distribution: 12% of terraced houses houses are smaller than 1 RIVERSIDE TERRACE, and 88% of houses are larger. Note that EPC data is not available for all properties in Machen.

1 RIVERSIDE TERRACE: Plot and Title Map

1 RIVERSIDE TERRACE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 1 RIVERSIDE TERRACE, 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 1 RIVERSIDE TERRACE). 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 1 RIVERSIDE TERRACE?

1 RIVERSIDE TERRACE is located in MACHEN, in the CF83 postcode district. The below map shows the position of No. 1 on RIVERSIDE TERRACE.