FOUR WINDS, MELIN PLACE, CROESPENMAEN, NEWPORT, NP11 3BL - £262,000

FOUR WINDS is a very small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £262,000 in May 2022, which was around 8% below the average May 2022 detached price in the Caerphilly local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

FOUR WINDS Sold Prices

Land registry data shows two sales for FOUR WINDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Caerphilly local authority area for the corresponding sale date. Both of the two FOUR WINDS 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
2022 24 MAY	£262,000	£284,984	8% below HPI
2017 10 JUL	£167,000	£202,594	18% below HPI

FOUR WINDS 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 two FOUR WINDS sales from July 2017 and May 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 July 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is FOUR WINDS?

FOUR WINDS is 95m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Oakdale, based on EPC data. The below chart shows the distribution of detached houses by size in Oakdale, and where FOUR WINDS lies on this distribution: 18% of detached houses are smaller than FOUR WINDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Oakdale.

FOUR WINDS: Plot and Title Map

FOUR WINDS sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of FOUR WINDS, 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 FOUR WINDS). 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 FOUR WINDS?

FOUR WINDS is located on MELIN PLACE in CROESPENMAEN, in the NP11 postcode district. The below map shows the position of FOUR WINDS on MELIN PLACE.