NEWTON BRAE, SHIRENEWTON, CHEPSTOW, NP16 6RG - £450,000

NEWTON BRAE is a very small extended detached house of 66m², built sometime between 1900 and 1929. It was last sold for £450,000 in January 2018, which was around 28% above the average January 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

NEWTON BRAE Sold Prices

Land registry data shows four sales for NEWTON BRAE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. two of the four NEWTON BRAE sales were for above the average price, and four 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
2018 26 JAN	£450,000	£350,989	28% above HPI
2003 1 AUG	£265,000	£199,185	33% above HPI
1997 26 SEP	£77,500	£101,811	24% below HPI
1995 31 JAN	£60,000	£91,041	34% below HPI

NEWTON BRAE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The four NEWTON BRAE sales between January 1995 and January 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 August 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the January 2018 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is NEWTON BRAE?

NEWTON BRAE is 66m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Shirenewton, based on EPC data. The below chart shows the distribution of detached houses by size in Shirenewton, and where NEWTON BRAE lies on this distribution: Less than 1% of detached houses are smaller than NEWTON BRAE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shirenewton.

NEWTON BRAE: Plot and Title Map

NEWTON BRAE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of NEWTON BRAE, 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 NEWTON BRAE). 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 NEWTON BRAE?

NEWTON BRAE is located in SHIRENEWTON, in the NP16 postcode district. The below map shows the position of NEWTON BRAE in SHIRENEWTON.