9, MARKET CLOSE, NELSON, TREHARRIS, CF46 6AZ - £160,000

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.

9 MARKET CLOSE is a small terraced house of 86m², built in 2009, which could now be worth an estimated £237,361. It was last sold for £160,000 in July 2020, which was around 41% above the average July 2020 terraced price in the Caerphilly local authority area. The most recent EPC inspection was October 2010, where the current energy rating was B, and the potential energy rating was B.

9 MARKET CLOSE Sold Prices

Land registry data shows two sales for 9 MARKET CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Caerphilly local authority area for the corresponding sale date. Both of the two 9 MARKET CLOSE 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
2020 27 JUL	£160,000	£113,843	41% above HPI
2010 15 OCT	£129,950	£89,625	45% above HPI

9 MARKET CLOSE 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 two 9 MARKET CLOSE sales from October 2010 and July 2020 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 October 2010 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2020 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 9 MARKET CLOSE be worth now?

9 MARKET CLOSE might now be worth an estimated £237,361.

This is based on house price inflation of 48.4%, between July 2020 and May 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 48.4% inflationary increase is applied to the most recent sale price for 9 MARKET CLOSE of £160,000 on 27th July 2020. For the value to have increased from £160,000 to £237,361 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 9 MARKET CLOSE has moved in line with the HPI for terraced houses in the Caerphilly local authority area.
• The July 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MARKET CLOSE has not materially changed since July 2020.

How Large is 9 MARKET CLOSE?

9 MARKET CLOSE is 86m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of terraced houses houses in Nelson, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nelson, and where 9 MARKET CLOSE lies on this distribution: 24% of terraced houses houses are smaller than 9 MARKET CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Nelson.

9 MARKET CLOSE: Plot and Title Map

9 MARKET CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 9 MARKET CLOSE, 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 9 MARKET CLOSE). 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 9 MARKET CLOSE?

9 MARKET CLOSE is located in NELSON, in the CF46 postcode district. The below map shows the position of No. 9 on MARKET CLOSE.