24, LAKESIDE, TREDEGAR, NP22 3BL - £120,000

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.

24 LAKESIDE is a very large detached house of 276m², built in 2023, which could now be worth an estimated £180,846. It was last sold for £120,000 in September 2019, which was around 23% below the average September 2019 detached price in the Blaenau Gwent local authority area. The most recent EPC inspection was February 2023, where the current energy rating was A, and the potential energy rating was A.

24 LAKESIDE Sold Prices

Land registry data shows three sales for 24 LAKESIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaenau Gwent local authority area for the corresponding sale date. Two of the three 24 LAKESIDE sales were for below the average price, whilst one was 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
2019 18 SEP	£120,000	£156,536	23% below HPI
2008 21 NOV	£130,000	£126,640	3% above HPI
2006 6 JAN	£75,000	£124,836	40% below HPI

24 LAKESIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaenau Gwent local authority area over time, sourced from the HPI. The three 24 LAKESIDE sales between January 2006 and September 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 November 2008 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 24 LAKESIDE be worth now?

24 LAKESIDE might now be worth an estimated £180,846.

This is based on house price inflation of 50.7%, between September 2019 and May 2026, for detached houses, in the Blaenau Gwent local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for 24 LAKESIDE of £120,000 on 18th September 2019. For the value to have increased from £120,000 to £180,846 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 24 LAKESIDE has moved in line with the HPI for detached houses in the Blaenau Gwent local authority area.
• The September 2019 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LAKESIDE has not materially changed since September 2019.

How Large is 24 LAKESIDE?

24 LAKESIDE is 276m² according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses houses in Tredegar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tredegar, and where 24 LAKESIDE lies on this distribution: 98% of detached houses houses are smaller than 24 LAKESIDE, and 2% of houses are larger. Note that EPC data is not available for all properties in Tredegar.

24 LAKESIDE: Plot and Title Map

24 LAKESIDE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 24 LAKESIDE, 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 24 LAKESIDE). 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 24 LAKESIDE?

24 LAKESIDE is located in TREDEGAR, in the NP22 postcode district. The below map shows the position of No. 24 on LAKESIDE.