16, DRANLLWYN CLOSE, MACHEN, CAERPHILLY, CF83 8QF - £295,000

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.

16 DRANLLWYN CLOSE is a detached house, which could now be worth an estimated £370,980. It was last sold for £295,000 in July 2021, which was around 17% above the average July 2021 detached price in the Caerphilly local authority area.

16 DRANLLWYN CLOSE Sold Prices

Land registry data shows two sales for 16 DRANLLWYN CLOSE 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. One of the two 16 DRANLLWYN CLOSE sales was for above the average price, whilst the other was 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
2021 30 JUL	£295,000	£251,930	17% above HPI
2020 9 DEC	£163,000	£237,035	31% below HPI

What might 16 DRANLLWYN CLOSE be worth now?

16 DRANLLWYN CLOSE might now be worth an estimated £370,980.

This is based on house price inflation of 25.8%, between July 2021 and May 2026, for detached 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 25.8% inflationary increase is applied to the most recent sale price for 16 DRANLLWYN CLOSE of £295,000 on 30th July 2021. For the value to have increased from £295,000 to £370,980 over the five years and two months to May 2026, the following assumptions must hold true:

• The value of 16 DRANLLWYN CLOSE has moved in line with the HPI for detached houses in the Caerphilly local authority area.
• The July 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DRANLLWYN CLOSE has not materially changed since July 2021.

Where is 16 DRANLLWYN CLOSE?

16 DRANLLWYN CLOSE is located in MACHEN, in the CF83 postcode district.