Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 ADAM CLOSE is a small extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £145,000 in April 2009, which was around 43% below the average April 2009 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1 ADAM CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. All of the three 1 ADAM CLOSE sales 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 |
---|---|---|---|
2009 6 APR | £145,000 | £252,476 | 43% below HPI |
2002 20 AUG | £159,950 | £171,345 | 7% below HPI |
1998 4 FEB | £94,000 | £104,262 | 10% below HPI |
The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The three 1 ADAM CLOSE sales between February 1998 and April 2009 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 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2009 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
1 ADAM CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Usk, based on EPC data. The below chart shows the distribution of detached houses by size in Usk, and where 1 ADAM CLOSE lies on this distribution: 21% of detached houses are smaller than 1 ADAM CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Usk.
1 ADAM CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 ADAM CLOSE, 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 1 ADAM CLOSE). 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.
1 ADAM CLOSE is located in USK, in the NP15 postcode district. The below map shows the position of No. 1 on ADAM CLOSE.