PARK VIEW, MERTHYR ROAD, TAFARNAUBACH, TREDEGAR, NP22 3AG - £255,000

PARK VIEW is a large detached house of 145m², built sometime between 1991 and 1995. It was last sold for £255,000 in October 2020, which was around 53% above the average October 2020 detached price in the Blaenau Gwent local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

PARK VIEW Sold Prices

Land registry data shows two sales for PARK VIEW 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 PARK VIEW 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 8 OCT	£255,000	£167,118	53% above HPI
1996 1 NOV	£75,000	£49,240	52% above HPI

PARK VIEW 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 PARK VIEW sales from November 1996 and October 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 November 1996 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the October 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is PARK VIEW?

PARK VIEW is 145m² according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Tredegar, based on EPC data. The below chart shows the distribution of detached houses by size in Tredegar, and where PARK VIEW lies on this distribution: 64% of detached houses are smaller than PARK VIEW, and 33% of houses are larger. Note that EPC data is not available for all properties in Tredegar.

PARK VIEW: Plot and Title Map

PARK VIEW sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

PARK VIEW is located on MERTHYR ROAD in TAFARNAUBACH, in the NP22 postcode district. The below map shows the position of PARK VIEW on MERTHYR ROAD.