38, GRAIG VIEW, MACHEN, CAERPHILLY, CF83 8SE - £116,000

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.

38 GRAIG VIEW is a very small terraced house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £178,179. It was last sold for £116,000 in October 2018, which was around 5% above the average October 2018 terraced price in the Caerphilly local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

38 GRAIG VIEW Sold Prices

Land registry data shows four sales for 38 GRAIG VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Caerphilly local authority area for the corresponding sale date. All of the four 38 GRAIG VIEW 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
2018 19 OCT	£116,000	£110,705	5% above HPI
2000 19 DEC	£43,500	£35,859	21% above HPI
2000 16 JUN	£41,000	£35,323	16% above HPI
1997 22 OCT	£44,000	£32,015	37% above HPI

38 GRAIG VIEW 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 four 38 GRAIG VIEW sales between October 1997 and October 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 December 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 38 GRAIG VIEW be worth now?

38 GRAIG VIEW might now be worth an estimated £178,179.

This is based on house price inflation of 53.6%, between October 2018 and April 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 53.6% inflationary increase is applied to the most recent sale price for 38 GRAIG VIEW of £116,000 on 19th October 2018. For the value to have increased from £116,000 to £178,179 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 38 GRAIG VIEW has moved in line with the HPI for terraced houses in the Caerphilly local authority area.
• The October 2018 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GRAIG VIEW has not materially changed since October 2018.

How Large is 38 GRAIG VIEW?

38 GRAIG VIEW is 85m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% 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 38 GRAIG VIEW lies on this distribution: 15% of terraced houses houses are smaller than 38 GRAIG VIEW, and 85% of houses are larger. Note that EPC data is not available for all properties in Machen.

38 GRAIG VIEW: Plot and Title Map

38 GRAIG VIEW sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 38 GRAIG VIEW, 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 38 GRAIG VIEW). 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 38 GRAIG VIEW?

38 GRAIG VIEW is located in MACHEN, in the CF83 postcode district. The below map shows the position of No. 38 on GRAIG VIEW.