8, LAUREL GROVE, TREDEGAR, NP22 4FE - £341,500

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.

8 LAUREL GROVE is a midsized detached house of 123m², built in 2011, which could now be worth an estimated £375,587. It was last sold for £341,500 in September 2022, which was around 59% above the average September 2022 detached price in the Blaenau Gwent local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

8 LAUREL GROVE Sold Prices

Land registry data shows two sales for 8 LAUREL GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaenau Gwent local authority area for the corresponding sale date. Both of the two 8 LAUREL GROVE 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
2022 15 SEP	£341,500	£214,497	59% above HPI
2017 30 NOV	£209,950	£140,739	49% above HPI

8 LAUREL GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaenau Gwent local authority area over time, sourced from the HPI. The two 8 LAUREL GROVE sales from November 2017 and September 2022 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 November 2017 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2022 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 8 LAUREL GROVE be worth now?

8 LAUREL GROVE might now be worth an estimated £375,587.

This is based on house price inflation of 10%, between September 2022 and May 2026, for detached houses, in the Blaenau Gwent local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for 8 LAUREL GROVE of £341,500 on 15th September 2022. For the value to have increased from £341,500 to £375,587 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 8 LAUREL GROVE has moved in line with the HPI for detached houses in the Blaenau Gwent local authority area.
• The September 2022 sale price of £341,500 represented a fair market value for the property.
• The size, condition, and specification of 8 LAUREL GROVE has not materially changed since September 2022.

How Large is 8 LAUREL GROVE?

8 LAUREL GROVE is 123m² according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of detached houses houses in Tredegar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tredegar, and where 8 LAUREL GROVE lies on this distribution: 46% of detached houses houses are smaller than 8 LAUREL GROVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Tredegar.

8 LAUREL GROVE: Plot and Title Map

8 LAUREL GROVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 8 LAUREL GROVE, 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 8 LAUREL GROVE). 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 8 LAUREL GROVE?

8 LAUREL GROVE is located in TREDEGAR, in the NP22 postcode district. The below map shows the position of No. 8 on LAUREL GROVE.