37, CHESTER CLOSE, NEW INN, PONTYPOOL, NP4 0LT - £176,000

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.

37 CHESTER CLOSE is a very small terraced house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £238,066. It was last sold for £176,000 in June 2020, which was around 46% above the average June 2020 terraced price in the Torfaen local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

37 CHESTER CLOSE Sold Prices

Land registry data shows two sales for 37 CHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Torfaen local authority area for the corresponding sale date. Both of the two 37 CHESTER 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
2020 19 JUN	£176,000	£120,500	46% above HPI
2005 22 SEP	£134,000	£90,583	48% above HPI

37 CHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Torfaen local authority area over time, sourced from the HPI. The two 37 CHESTER CLOSE sales from September 2005 and June 2020 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 September 2005 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2020 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 37 CHESTER CLOSE be worth now?

37 CHESTER CLOSE might now be worth an estimated £238,066.

This is based on house price inflation of 35.3%, between June 2020 and June 2025, for terraced houses, in the Torfaen local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.3% inflationary increase is applied to the most recent sale price for 37 CHESTER CLOSE of £176,000 on 19th June 2020. For the value to have increased from £176,000 to £238,066 over the five years to June 2025, the following assumptions must hold true:

• The value of 37 CHESTER CLOSE has moved in line with the HPI for terraced houses in the Torfaen local authority area.
• The June 2020 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 37 CHESTER CLOSE has not materially changed since June 2020.

How Large is 37 CHESTER CLOSE?

37 CHESTER CLOSE is 63m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of terraced houses houses in Pontypool, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Pontypool, and where 37 CHESTER CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 37 CHESTER CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Pontypool.

37 CHESTER CLOSE: Plot and Title Map

37 CHESTER CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 37 CHESTER 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 37 CHESTER 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 37 CHESTER CLOSE?

37 CHESTER CLOSE is located in NEW INN, in the NP4 postcode district. The below map shows the position of No. 37 on CHESTER CLOSE.