1, CAE MELDON, GILWERN, ABERGAVENNY, NP7 0AY - £365,000

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 CAE MELDON is a small detached house of 107m², built sometime between 1967 and 1975. It was last sold for £365,000 in April 2023, which was around 23% below the average April 2023 detached price in the Monmouthshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

1 CAE MELDON Sold Prices

Land registry data shows four sales for 1 CAE MELDON 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. All of the four 1 CAE MELDON 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
2023 27 APR	£365,000	£473,266	23% below HPI
2018 4 JUL	£275,000	£370,679	26% below HPI
2006 11 OCT	£225,000	£282,808	20% below HPI
2003 19 DEC	£173,000	£211,048	18% below HPI

1 CAE MELDON 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 1 CAE MELDON sales between December 2003 and April 2023 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 July 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 CAE MELDON?

1 CAE MELDON is 107m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Gilwern, based on EPC data. The below chart shows the distribution of detached houses by size in Gilwern, and where 1 CAE MELDON lies on this distribution: 32% of detached houses are smaller than 1 CAE MELDON, and 68% of houses are larger. Note that EPC data is not available for all properties in Gilwern.

1 CAE MELDON: Plot and Title Map

1 CAE MELDON sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 1 CAE MELDON, 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 CAE MELDON). 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 CAE MELDON?

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