6, PINE CLOSE, RISCA, NEWPORT, NP11 6HQ - £135,000

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.

6 PINE CLOSE is a midsized semi-detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £269,919. It was last sold for £135,000 in December 2012, which was around 33% above the average December 2012 semi-detached price in the Caerphilly local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

6 PINE CLOSE Sold Prices

Land registry data shows three sales for 6 PINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Caerphilly local authority area for the corresponding sale date. Two of the three 6 PINE CLOSE sales were for above the average price, whilst one 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
2012 19 DEC	£135,000	£101,714	33% above HPI
2008 5 SEP	£87,000	£104,624	17% below HPI
2002 13 SEP	£78,000	£54,146	44% above HPI

6 PINE CLOSE 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 three 6 PINE CLOSE sales between September 2002 and December 2012 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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2012 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 6 PINE CLOSE be worth now?

6 PINE CLOSE might now be worth an estimated £269,919.

This is based on house price inflation of 99.9%, between December 2012 and May 2026, for semi-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 99.9% inflationary increase is applied to the most recent sale price for 6 PINE CLOSE of £135,000 on 19th December 2012. For the value to have increased from £135,000 to £269,919 over the fourteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 6 PINE CLOSE has moved in line with the HPI for semi-detached houses in the Caerphilly local authority area.
• The December 2012 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PINE CLOSE has not materially changed since December 2012.

How Large is 6 PINE CLOSE?

6 PINE CLOSE is 87m² according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of semi-detached houses in Risca, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Risca, and where 6 PINE CLOSE lies on this distribution: 60% of semi-detached houses are smaller than 6 PINE CLOSE, and 39% of semi-detached houses are larger. Note that EPC data is not available for all properties in Risca.

Where is 6 PINE CLOSE?

6 PINE CLOSE is located in RISCA, in the NP11 postcode district.