8, THE OAKS, MACHEN, CAERPHILLY, CF83 8RZ - £187,500

8 THE OAKS is a very small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £187,500 in March 2017, which was around 6% below the average March 2017 detached price in the Caerphilly local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

8 THE OAKS Sold Prices

Land registry data shows three sales for 8 THE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. Two of the three 8 THE OAKS sales were for below the average price, whilst one was 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
2017 17 MAR	£187,500	£199,128	6% below HPI
2014 5 DEC	£185,000	£183,727	1% above HPI
2012 1 JUN	£140,000	£171,864	19% below HPI

8 THE OAKS 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 three 8 THE OAKS sales between June 2012 and March 2017 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 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 THE OAKS?

8 THE OAKS is 89m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Machen, based on EPC data. The below chart shows the distribution of detached houses by size in Machen, and where 8 THE OAKS lies on this distribution: 18% of detached houses are smaller than 8 THE OAKS, and 81% of houses are larger. Note that EPC data is not available for all properties in Machen.

8 THE OAKS: Plot and Title Map

8 THE OAKS sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 8 THE OAKS, 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 THE OAKS). 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 THE OAKS?

8 THE OAKS is located in MACHEN, in the CF83 postcode district. The below map shows the position of No. 8 on THE OAKS.