37, HEOL MAERDY, CAERPHILLY, CF83 3PZ - £180,000

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 HEOL MAERDY is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £272,523. It was last sold for £180,000 in September 2018, which was around 14% below the average September 2018 detached price in the Caerphilly local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

37 HEOL MAERDY Sold Prices

Land registry data shows two sales for 37 HEOL MAERDY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. Both of the two 37 HEOL MAERDY 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
2018 21 SEP	£180,000	£209,256	14% below HPI
1995 10 MAR	£51,000	£59,868	15% below HPI

37 HEOL MAERDY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Caerphilly local authority area over time, sourced from the HPI. The two 37 HEOL MAERDY sales from March 1995 and September 2018 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 March 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 37 HEOL MAERDY be worth now?

37 HEOL MAERDY might now be worth an estimated £272,523.

This is based on house price inflation of 51.4%, between September 2018 and May 2026, for detached 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 51.4% inflationary increase is applied to the most recent sale price for 37 HEOL MAERDY of £180,000 on 21st September 2018. For the value to have increased from £180,000 to £272,523 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 37 HEOL MAERDY has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The September 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 37 HEOL MAERDY has not materially changed since September 2018.

How Large is 37 HEOL MAERDY?

37 HEOL MAERDY is 78m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Caerphilly, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caerphilly, and where 37 HEOL MAERDY lies on this distribution: 13% of detached houses houses are smaller than 37 HEOL MAERDY, and 86% of houses are larger. Note that EPC data is not available for all properties in Caerphilly.

37 HEOL MAERDY: Plot and Title Map

37 HEOL MAERDY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 37 HEOL MAERDY, 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 HEOL MAERDY). 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 HEOL MAERDY?

37 HEOL MAERDY is located in CAERPHILLY, in the CF83 postcode district. The below map shows the position of No. 37 on HEOL MAERDY.