NEEPAWA, RESERVOIR ROAD, BEAUFORT, EBBW VALE, NP23 5DF - £160,500

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.

NEEPAWA is a midsized detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £251,651. It was last sold for £160,500 in June 2018, which was around 13% above the average June 2018 detached price in the Blaenau Gwent local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

NEEPAWA Sold Prices

Land registry data shows three sales for NEEPAWA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blaenau Gwent local authority area for the corresponding sale date. All of the three NEEPAWA 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
2018 14 JUN	£160,500	£141,597	13% above HPI
2008 26 SEP	£177,625	£133,972	33% above HPI
2006 8 DEC	£170,000	£132,544	28% above HPI

NEEPAWA 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 three NEEPAWA sales between December 2006 and June 2018 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 September 2008 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might NEEPAWA be worth now?

NEEPAWA might now be worth an estimated £251,651.

This is based on house price inflation of 56.8%, between June 2018 and June 2025, 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 56.8% inflationary increase is applied to the most recent sale price for NEEPAWA of £160,500 on 14th June 2018. For the value to have increased from £160,500 to £251,651 over the seven years to June 2025, the following assumptions must hold true:

• The value of NEEPAWA has moved in line with the HPI for detached houses in the Blaenau Gwent local authority area.
• The June 2018 sale price of £160,500 represented a fair market value for the property.
• The size, condition, and specification of NEEPAWA has not materially changed since June 2018.

How Large is NEEPAWA?

NEEPAWA is 110m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses houses in Ebbw Vale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ebbw Vale, and where NEEPAWA lies on this distribution: 57% of detached houses houses are smaller than NEEPAWA, and 41% of houses are larger. Note that EPC data is not available for all properties in Ebbw Vale.

NEEPAWA: Plot and Title Map

NEEPAWA sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of NEEPAWA, 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 NEEPAWA). 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 NEEPAWA?

NEEPAWA is located on RESERVOIR ROAD in BEAUFORT, in the NP23 postcode district. The below map shows the position of NEEPAWA on RESERVOIR ROAD.