224, THE HIGHWAY, NEW INN, PONTYPOOL, NP4 0PG - £275,000

224 THE HIGHWAY is a large detached house of 132m², built sometime between 1967 and 1975. It was last sold for £275,000 in January 2019, which was around 11% above the average January 2019 detached price in the Torfaen local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

224 THE HIGHWAY Sold Prices

Land registry data shows two sales for 224 THE HIGHWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. One of the two 224 THE HIGHWAY 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
2019 4 JAN	£275,000	£246,784	11% above HPI
2018 12 JUN	£195,000	£237,560	18% below HPI

224 THE HIGHWAY 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 two 224 THE HIGHWAY sales from June 2018 and January 2019 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 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2019 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 224 THE HIGHWAY?

224 THE HIGHWAY is 132m² according to the EPC inspection conducted in June 2018. This puts it in the largest 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 224 THE HIGHWAY lies on this distribution: 73% of detached houses are smaller than 224 THE HIGHWAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

224 THE HIGHWAY: Plot and Title Map

224 THE HIGHWAY sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 224 THE HIGHWAY, 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 224 THE HIGHWAY). 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 224 THE HIGHWAY?

224 THE HIGHWAY is located in NEW INN, in the NP4 postcode district. The below map shows the position of No. 224 on THE HIGHWAY.