2, RED KITE CLOSE, PENALLTA, HENGOED, CF82 6GU - £310,000

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.

2 RED KITE CLOSE is a very large detached house of 167m², built sometime between 2003 and 2006, which could now be worth an estimated £498,838. It was last sold for £310,000 in August 2017, which was around 57% above the average August 2017 detached price in the Caerphilly local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

2 RED KITE CLOSE Sold Prices

Land registry data shows two sales for 2 RED KITE CLOSE 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 2 RED KITE CLOSE 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
2017 18 AUG	£310,000	£196,884	57% above HPI
2006 29 DEC	£301,950	£174,395	73% above HPI

2 RED KITE CLOSE 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 2 RED KITE CLOSE sales from December 2006 and August 2017 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 2006 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2017 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 2 RED KITE CLOSE be worth now?

2 RED KITE CLOSE might now be worth an estimated £498,838.

This is based on house price inflation of 60.9%, between August 2017 and May 2026, 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 60.9% inflationary increase is applied to the most recent sale price for 2 RED KITE CLOSE of £310,000 on 18th August 2017. For the value to have increased from £310,000 to £498,838 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 2 RED KITE CLOSE has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The August 2017 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RED KITE CLOSE has not materially changed since August 2017.

How Large is 2 RED KITE CLOSE?

2 RED KITE CLOSE is 167m² according to the EPC inspection conducted in May 2010. This puts it in the largest 10% of detached houses houses in Ystrad Mynach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ystrad Mynach, and where 2 RED KITE CLOSE lies on this distribution: 92% of detached houses houses are smaller than 2 RED KITE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Ystrad Mynach.

2 RED KITE CLOSE: Plot and Title Map

2 RED KITE CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 2 RED KITE CLOSE, 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 2 RED KITE CLOSE). 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 2 RED KITE CLOSE?

2 RED KITE CLOSE is located in PENALLTA, in the CF82 postcode district. The below map shows the position of No. 2 on RED KITE CLOSE.