40, CLOS OGNEY, LLANTWIT MAJOR, CF61 2SN - £123,000

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.

40 CLOS OGNEY is a very small terraced house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £199,767. It was last sold for £123,000 in July 2014, which was around 16% below the average July 2014 terraced price in the Vale of Glamorgan local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

40 CLOS OGNEY Sold Prices

Land registry data shows five sales for 40 CLOS OGNEY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Vale of Glamorgan local authority area for the corresponding sale date. Most of the five 40 CLOS OGNEY 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
2014 11 JUL	£123,000	£147,087	16% below HPI
2006 9 JUN	£118,500	£136,289	13% below HPI
2004 27 FEB	£95,950	£99,097	3% below HPI
2000 24 NOV	£49,500	£53,579	8% below HPI
1997 31 JAN	£46,000	£42,270	9% above HPI

40 CLOS OGNEY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The five 40 CLOS OGNEY sales between January 1997 and July 2014 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2014 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 40 CLOS OGNEY be worth now?

40 CLOS OGNEY might now be worth an estimated £199,767.

This is based on house price inflation of 62.4%, between July 2014 and May 2026, for terraced houses, in the Vale of Glamorgan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.4% inflationary increase is applied to the most recent sale price for 40 CLOS OGNEY of £123,000 on 11th July 2014. For the value to have increased from £123,000 to £199,767 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 40 CLOS OGNEY has moved in line with the HPI for terraced houses in the Vale of Glamorgan local authority area.
• The July 2014 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CLOS OGNEY has not materially changed since July 2014.

How Large is 40 CLOS OGNEY?

40 CLOS OGNEY is 56m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of terraced houses houses in Llantwit Major, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Llantwit Major, and where 40 CLOS OGNEY lies on this distribution: 1% of terraced houses houses are smaller than 40 CLOS OGNEY, and 99% of houses are larger. Note that EPC data is not available for all properties in Llantwit Major.

Where is 40 CLOS OGNEY?

40 CLOS OGNEY is located in LLANTWIT MAJOR, in the CF61 postcode district. The below map shows the position of No. 40 on CLOS OGNEY.