1, BASILDENE CLOSE, GILWERN, ABERGAVENNY, NP7 0AW - £225,000

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.

1 BASILDENE CLOSE is a very small extended detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £291,165. It was last sold for £225,000 in September 2018, which was around 41% below the average September 2018 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

1 BASILDENE CLOSE Sold Prices

Land registry data shows two sales for 1 BASILDENE 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 Monmouthshire local authority area for the corresponding sale date. Both of the two 1 BASILDENE 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
2018 24 SEP	£225,000	£380,194	41% below HPI
2002 17 MAY	£115,000	£166,655	31% below HPI

1 BASILDENE CLOSE 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 two 1 BASILDENE CLOSE sales from May 2002 and September 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 May 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 BASILDENE CLOSE be worth now?

1 BASILDENE CLOSE might now be worth an estimated £291,165.

This is based on house price inflation of 29.4%, between September 2018 and February 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.4% inflationary increase is applied to the most recent sale price for 1 BASILDENE CLOSE of £225,000 on 24th September 2018. For the value to have increased from £225,000 to £291,165 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 BASILDENE CLOSE has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The September 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BASILDENE CLOSE has not materially changed since September 2018.

How Large is 1 BASILDENE CLOSE?

1 BASILDENE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gilwern, and where 1 BASILDENE CLOSE lies on this distribution: 18% of detached houses houses are smaller than 1 BASILDENE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

1 BASILDENE CLOSE: Plot and Title Map

1 BASILDENE CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 1 BASILDENE 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 BASILDENE 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.

Where is 1 BASILDENE CLOSE?

1 BASILDENE CLOSE is located in GILWERN, in the NP7 postcode district. The below map shows the position of No. 1 on BASILDENE CLOSE.