24, THE HIGHWAY, NEW INN, PONTYPOOL, NP4 0PW - £250,000

24 THE HIGHWAY is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £250,000 in October 2021, which was around 21% below the average October 2021 detached price in the Torfaen local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

24 THE HIGHWAY Sold Prices

Land registry data shows four sales for 24 THE HIGHWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Torfaen local authority area for the corresponding sale date. All of the four 24 THE HIGHWAY 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
2021 5 OCT	£250,000	£317,113	21% below HPI
2017 18 DEC	£130,000	£223,241	42% below HPI
2012 24 OCT	£175,500	£191,352	8% below HPI
2008 21 JAN	£190,000	£213,864	11% below HPI

24 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 four 24 THE HIGHWAY sales between January 2008 and October 2021 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 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 24 THE HIGHWAY?

24 THE HIGHWAY is 75m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Pontypool, based on EPC data. The below chart shows the distribution of detached houses by size in Pontypool, and where 24 THE HIGHWAY lies on this distribution: 4% of detached houses are smaller than 24 THE HIGHWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

24 THE HIGHWAY: Plot and Title Map

24 THE HIGHWAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 24 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 24 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 24 THE HIGHWAY?

24 THE HIGHWAY is located in NEW INN, in the NP4 postcode district. The below map shows the position of No. 24 on THE HIGHWAY.