33, CHESTNUT CLOSE, MACHEN, CAERPHILLY, CF83 8LF - £162,500

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.

33 CHESTNUT CLOSE is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £206,334. It was last sold for £162,500 in September 2021, which was around 22% above the average September 2021 terraced price in the Caerphilly local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

33 CHESTNUT CLOSE Sold Prices

Land registry data shows five sales for 33 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Caerphilly local authority area for the corresponding sale date. All of the five 33 CHESTNUT 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
2021 27 SEP	£162,500	£133,008	22% above HPI
2017 2 JUN	£120,000	£101,084	19% above HPI
2006 5 APR	£110,000	£92,695	19% above HPI
1999 15 JAN	£49,000	£32,783	49% above HPI
1997 25 APR	£45,250	£31,536	43% above HPI

33 CHESTNUT CLOSE 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 five 33 CHESTNUT CLOSE sales between April 1997 and September 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 June 2017 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 33 CHESTNUT CLOSE be worth now?

33 CHESTNUT CLOSE might now be worth an estimated £206,334.

This is based on house price inflation of 27%, between September 2021 and May 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 27% inflationary increase is applied to the most recent sale price for 33 CHESTNUT CLOSE of £162,500 on 27th September 2021. For the value to have increased from £162,500 to £206,334 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 33 CHESTNUT CLOSE has moved in line with the HPI for terraced houses in the Caerphilly local authority area.
• The September 2021 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 33 CHESTNUT CLOSE has not materially changed since September 2021.

How Large is 33 CHESTNUT CLOSE?

33 CHESTNUT CLOSE is 55m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% 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 33 CHESTNUT CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 33 CHESTNUT CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Machen.

33 CHESTNUT CLOSE: Plot and Title Map

33 CHESTNUT CLOSE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 33 CHESTNUT 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 33 CHESTNUT 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 33 CHESTNUT CLOSE?

33 CHESTNUT CLOSE is located in MACHEN, in the CF83 postcode district. The below map shows the position of No. 33 on CHESTNUT CLOSE.